Section 85 of the Greater London Authority Act 1999 (calculation of component and consolidated budget requirements) is amended as follows.
In the section heading for "budget" substitute ." council tax "
In subsection (1) for "43" substitute ." 42A "
In subsection (4)—
In subsection (5) for paragraph (a) substitute—
In subsection (6)(b) for "budget" substitute ." council tax "
In subsection (7) for "budget" substitute ." council tax "
In subsection (8) for "budget" in both places substitute ." council tax "
Omit subsection (9).
Section 86 of that Act (provisions supplemental to section 85) is amended as follows.
After subsection (1) insert—
After subsection (2A) insert—
After subsection (4) insert—
In subsection (5)(b) for "(4)" substitute ." (4F) "
Omit subsection (6).