Point in time view as at 28/01/2016.
Local Government Finance Act 1988, Section 86B 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.
(1)This section applies where in accordance with section 86A a determination as regards additional grant has been made for a financial year and specified in a report which has been laid before the Assembly.
(2)If the report is approved by resolution of the Assembly—
(a)the Welsh Ministers shall pay the amount stated in the determination as the amount of the additional grant for the year, and
(b)the amount shall be distributed on the basis stated in the determination.
(3)Where a sum falls to be paid to a receiving authority by way of additional grant it shall be paid at such time, or in instalments of such amounts and at such times, as the Welsh Ministers determine; and any such time may fall within or after the financial year concerned.]
Textual Amendments
F1Ss. 86A, 86B and cross-heading inserted (25.5.2007) by The Government of Wales Act 2006 (Consequential Modifications and Transitional Provisions) Order 2007 (S.I. 2007/1388), art. 1(2), Sch. 1 para. 34
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