94 Substitute calculations under section 49 of the 1992 Act

Substitute calculations etc

94  Substitute calculations under section 49 of the 1992 Act

(1)     Section 49 of the Local Government Finance Act 1992 (substitute calculations) shall be amended as follows.

(2)     For subsection (1) (power to make substitute calculations) there shall be substituted—

“(1)     A major precepting authority which has made calculations in relation to a financial year in accordance with—

(a)     sections 43 to 48 above (originally or by way of substitute),

(b)     sections 85 to 90 of the Greater London Authority Act 1999 and sections 47 and 48 above, or

(c)     sections 85, 86 and 88 to 90 of, and Schedule 7 to, that Act and sections 47 and 48 above (by way of substitute),

may make calculations in substitution in relation to

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