400.—(1) Regulation 2 is amended as follows.E+W
(2) In the definitions of “actual expenditure”, “flood and coastal erosion risk management functions”, “levy” and “qualifying expenses”, for “Agency” and “Agency's”, in each place where they occur, substitute “ appropriate agency ” and “ appropriate agency's ” respectively.
(3) In the appropriate place insert—
““the appropriate agency” means the Agency in relation to England and the Natural Resources Body for Wales in relation to Wales;”.