Version Superseded: 03/12/2011
Point in time view as at 26/11/2008. This version of this provision has been superseded.
Local Government Finance Act 1988, Section 98 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.
F1(1). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F1(2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3)Regulations under section 89(5) above may include provision that—
(a)any sum to which they relate shall be transferred from an authority’s collection fund to its general fund F2. . .;
(b)the sum so transferred shall be held, invested or otherwise used in such manner as may be prescribed;
(c)a sum equal to the sum transferred shall be transferred to the authority’s collection fund from its general fund F2. . .;
F3(d). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(4)If the Secretary of State directs it to do so, a [F4billing authority] shall transfer from its collection fund to its general fund F5. . . such an amount as is specified in, or calculated in a manner specified in, the direction; and the transfer shall be made at such time as is specified in the direction.
(5)If the Secretary of State directs it to do so, a [F4billing authority] shall transfer to its collection fund from its general fund F6. . . such an amount as is specified in, or calculated in a manner specified in, the direction; and the transfer shall be made at such time as is specified in the direction.
(6)Different directions may be given to different authorities under [F7subsection (4) or (5)] above.
Textual Amendments
F1S. 98(1)(2) repealed (6.3.1992) by 1992 c. 14, ss. 104, 117(2), Sch. 10 Pt. III para. 23(1)(a), Sch.14 (with s. 118(1)(2)(4))
F2Words in s. 98(3)(a)(c) repealed (6.3.1992) by 1992 c. 14, ss. 104, 117(2), Sch. 10 Pt. III para. 23(1)(b), Sch.14 (with s. 118(1)(2)(4))
F3S. 98(3)(d) repealed (6.3.1992) by 1992 c. 14, ss. 104, 117(2), Sch. 10 Pt. III para. 23(1)(b), Sch.14 (with s. 118(1)(2)(4))
F4Words in s. 98(4)(5) substituted (6.3.1992) by 1992 c. 14, s. 104, Sch. 10 Pt. III para. 23(2) (with s. 118(1)(2)(4))
F5Words in s. 98(4) repealed (6.3.1992) by 1992 c. 14, ss. 104, 117(2), Sch. 10 Pt. III para. 23(1)(c), Sch.14 (with s. 118(1)(2)(4))
F6Words in s. 98(5) repealed (6.3.1992) by 1992 c. 14, ss. 104, 117(2), Sch. 10 Pt. III para. 23(1)(d), Sch.14 (with s. 118(1)(2)(4))
F7Words in s. 98(6) substituted (6.3.1992) by 1992 c. 14, s. 104, Sch. 10 Pt. III para. 23(3) (with s. 118(1)(2)(4))
Modifications etc. (not altering text)
C1S. 98 restricted (6.3.1992) by 1992 c. 14, s. 62(2) (with s. 118(1)(2)(4))
S. 98 modified (27.7.1999) by 1992 c. 14, s. 52K(2) (as inserted by 1999 c. 27, s. 30, Sch. 1 Pt. I para. 1)
S. 98 modified (27.7.1999 by 1992 c. 14, s. 52V(3) (as inserted by 1999 c. 27, s. 30, Sch. 1 Pt. I para. 1)
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