Section 52W: Meaning of budget requirement.

Local Government Finance Act 1992 · 1992 c. 14View on legislation.gov.uk

Part I: Council Tax: England and Wales — CHAPTER IVA: LIMITATION OF COUNCIL TAX AND PRECEPTS

Any reference in this Chapter to the amount calculated (or already calculated) by a major precepting authority ... as its budget requirement for a financial year is a reference to the amount calculated by it in relation to the year under section 43(4) above.

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Any reference in this Chapter to the amount calculated (or already calculated) by a billing authority as its budget requirement for a financial year is a reference to the amount calculated by it in relation to the year under section 32(4) above; but this is subject to section 52X below.

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