SCHEDULES

F1SCHEDULE 7BLocal retention of non-domestic rates

Annotations:
Amendments (Textual)
F1

Sch. 7B inserted (with effect in accordance with s. 1(6) of the amending Act) by Local Government Finance Act 2012 (c. 17), s. 1(4), Sch. 1

Part 7Levy payments, safety net payments and distribution of remaining balance

28Regulations about payments on account

1

The Secretary of State may by regulations make provision—

a

for a relevant authority to request the Secretary of State to make a calculation before the end of a year of—

i

whether the Secretary of State is likely to be required to make a safety net payment under paragraph 27 to the authority for the year, and

ii

if so, the amount of the payment;

b

about the time at which and the manner in which a request must be made, and the information that must be provided in connection with the request;

c

about the circumstances in which the Secretary of State may or must make a calculation in response to a request;

d

about the making of the calculation, including for the Secretary of State to make the calculation by reference to estimates of any of the amounts mentioned in paragraph 25(3).

2

The regulations may make provision—

a

about the timing of a calculation in response to a request;

b

about the notification of the results of the calculation to the relevant authority to whom it relates;

c

for the making, as a result of the calculation, of a payment (a “payment on account”) to the authority before the end of the year to which the calculation relates.

3

The regulations may, in particular—

a

make provision in relation to a calculation that is similar to that made by paragraph 26, or apply that paragraph with modifications in relation to such a calculation;

b

make provision in relation to a payment on account that is similar to that made by paragraph 27, or apply that paragraph with modifications in relation to such a payment.

4

The regulations may make provision—

a

about the calculation under paragraph 26 to be made in relation to a relevant authority for a year where a payment on account has been made to the authority for the year;

b

for the making of a further payment by the Secretary of State to the authority, or of a payment by the authority to the Secretary of State, as a result of that calculation.