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Changes over time for: Paragraph 20
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Llinell Amser Newidiadau
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Status:
Point in time view as at 28/01/2016.
Changes to legislation:
Local Government Finance Act 1988, Paragraph 20 is up to date with all changes known to be in force on or before 01 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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Changes to Legislation
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Credits and debitsE+W
[20(1)For each year the following are to be credited (as items of account) to the levy account kept for the year—
(a)amounts received by the Secretary of State in the year under paragraph 24 (levy payments), and
(b)amounts received by the Secretary of State in the year under regulations under paragraph 28 (payments on account).
(2)If a local government finance report for a year has been approved by resolution of the House of Commons, and that report provides for an amount to be credited to the levy account kept for the year, that amount may be credited (as an item of account) to that account.
(3)For each year the following are to be debited (as items of account) to the levy account kept for the year—
(a)payments made by the Secretary of State in the year under paragraph 27 (safety net payments),
(b)payments made by the Secretary of State in the year under regulations under paragraph 28, and
(c)payments made by the Secretary of State in the year under paragraph 30 (distribution of remaining balance).]
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