HC Deb 19 July 1978 vol 954 cc239-40W
Mr. Newens

asked the Secretary of State for Foreign and Commonwealth Affairs received from the steel works if the closures had not taken place, less any additional resources element which might be payable under schedule 2, paragraph 11 of the Local Government Act 1974. Compensation payments are to be treated as rate income to which the normal county council precepting arrangements will apply. Compensation will cease to be paid when the reduction in rate income arising from the closures is offset, when the reduced rateable value is taken into account in calculating the resources element of the rate support grant.