Local Government Finance Act 1992

[F152D Designation or nomination.E+W

(1)This section applies if in the Secretary of State’s opinion (reached after applying section 52B above) the amount calculated by an authority as its budget requirement for the year under consideration is excessive.

(2)In such a case he may—

(a)designate the authority as regards the year under consideration, or

(b)nominate the authority.

(3)The Secretary of State may proceed under different paragraphs of subsection (2) above in relation to different authorities.]

Textual Amendments

F1Chapter 4A (ss. 52A-52Z) inserted (27.7.1999 with effect as mentioned in s. 30(2) of the amending Act.) by 1999 c. 27, s. 30(1), Sch. 1 para. 1