This legislative order establishes the specific financial adjustments and distribution mechanisms for the Rate Support Grant to local authorities in 1979. The document is issued by the British government to formalize fiscal policy changes regarding local government funding. It provides the legal framework for the allocation of central government subsidies to municipal bodies, ensuring that local services remain funded according to updated budgetary requirements.

This document serves as a primary source for legal researchers and historians studying British fiscal policy in the late 1970s. Experts note that the text is highly technical and intended for administrative use rather than general readership.