specified authoritymeans– (a) any defined authority which has functions in England other than– (a) a development corporation established for the purposes of a new town;
specified workmeans functional work of any description falling within the defined activity mentioned in section 2(2)(ee) of the Act (managing sports and leisure facilities), but does not include work carried out elsewhere than in England.
the Actmeans the Local Government Act 1988;
the regulated amountmeans work to the value of the product of–