Section 52X: Calculations to be net of precepts., Local Government Finance Act 1992

The amount referred to in section 52W(3) above shall be taken to be the amount calculated as there mentioned less the aggregate amount for the year of any precepts which were (or could be) taken into account by the authority in making the calculation under section 32(2) above and which were (or could be)—

issued to it by local precepting authorities, or

anticipated by it in pursuance of regulations under section 41 above.

Subsection (3) below applies where this Chapter refers to any of the following—

the amount which the Welsh Ministers propose should be the maximum for the amount calculated by a billing authority as its budget requirement for a financial year;

the maximum amount which they propose a billing authority could calculate as its budget requirement for a financial year without the amount calculated being excessive;

the amount which the amount calculated by a billing authority as its budget requirement for a financial year is not to exceed;

an amount which they propose should be, or an amount which is to be, the notional amount calculated by a billing authority as its budget requirement for a financial year;

the financial year as regards which they expect the amount calculated by a billing authority as its budget requirement for that year to be equal to or less than the target amount for that year.

In such a case—

a reference to the amount calculated is to the amount calculated without taking account of any precept which could be issued to the authority by a local precepting authority;

a reference to the amount which an authority could calculate is to the amount which it could calculate without taking account of any such precept;

a reference to the target amount is to the target amount calculated without taking account of any such precept.

Subsection (1) above shall have effect subject to subsections (2) and (3) above.

Subsection (1) above shall not apply for the purpose of construing section 52Y(1) below.

The Welsh Ministers may by order provide that any of the provisions of subsections (1) to (3) above shall not apply for such purposes as are specified in the order.

A statutory instrument containing such an order shall be subject to annulment in pursuance of a resolution of the National Assembly for Wales .

Section 52X: Calculations to be net of precepts.

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