Section 107 — Local Government Finance Act 1988: Substituted calculations and precepts.

Substituted calculations and precepts. 107 1 A charging authority which has received a notice under section 104(10), 105(2) or 106(6) above shall make substitute calculations in relation to the year in accordance with section 95 above, but—

a section 95(9) shall be ignored for this purpose, and b the calculations shall be made so as to secure that the amount calculated under section 95(4) does not exceed that stated in the notice.

2 A precepting authority which has received a notice under section 104(10), 105(3) or 106(6) above shall issue, in substitution for any precept or precepts previously issued by it for the year, a precept or precepts in accordance with sections 68 to 70 above, but—

a section 68(2) shall be ignored for this purpose, and b the amount of the precept, or the aggregate amount of the precepts, issued by the authority for the year under this section shall not exceed that stated in the notice.

3 Where calculations are made under subsection (1) above the following provisions apply accordingly—

a Part II, b sections 74, 75, 97, 99 and 100(1)(b) and (6) above, and c sections 110(1), 138(2)(g) and 139(2)(c) below.

4 Where a precept is issued under subsection (2) above the following provisions apply accordingly—

a sections 32(4) and (5), 33(3) and (11), 35(1) . . ., 71(5) and (6), 72, 74, 99 and 100(2)(b) and (7) above, and b sections 110(2), 138(2)(d) and 139(2)(b) below.