SCHEDULES
F1SCHEDULE 7BLocal retention of non-domestic rates
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;
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.
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