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Local Government Act 1988

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Changes over time for: Cross Heading: FINANCIAL SERVICES

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No versions valid at: 14/02/1993

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Point in time view as at 14/02/1993. This version of this cross heading contains provisions that are not valid for this point in time. Help about Status

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There are currently no known outstanding effects for the Local Government Act 1988, Cross Heading: FINANCIAL SERVICES. Help about Changes to Legislation

Yn ddilys o 20/07/1995

[FINANCIAL SERVICESE+W+S

F113(1)The provision of services consisting of, or provided for the purposes of, or in connection with, any of the following, (and only the following) falls within section 2(2)(1) above, namelyE+W+S

(a)financial advice to any of the following, namely—

(i)a defined authority or its elected members;

(ii)any committee or sub-committee of a defined authority, or any other group of persons which reports to such an authority, committee or sub-committee; and

(iii)any officer or department of a defined authority;

(b)financial advice to any other person in relation to the discharge of any functions of a defined authority;

(c)accounting services including, in particular, the completion of statutory accounts and the maintenance of appropriate financial records;

(d)the administration of direct and indirect taxation for a defined authority;

(e)the development and maintenance of financial information and management systems;

(f)audit services including, in particular, liaison with external auditors and other appropriate bodies;

(g)the administration, collection and recovery of non-domestic rates, council tax, water and sewerage charges or rates, community charges and general rates;

(h)the provision of payroll facilities;

(i)subject to sub-paragraph (2) below, the determination, administration and making of payments, including arranging abatements and rebates;

(j)the collection of income and the recovery of debts;

(k)the administration of a defined authority’s pension fund including, in particular, the management of investments and actuarial services;

(l)the arrangement and management of borrowing and investment and the monitoring of cash-flow;

(m)the administration of a defined authority’s insurance arrangements;

(n)financial consultancy work including, in particular, research;

(o)the procurement, monitoring or supervision of, or the arranging of payment for, any services which fall within paragraphs (a) to (n) above and are provided for a defined authority by any person.

(2)The activities described in sub-paragraph (1)(i) above do not fall within section 2(2)(1) above where they relate to

(a)mandatory and discretionary awards made pursuant to the Education Act 1962 F2;

(b)education maintenance allowances payable pursuant to the Scholarship and Other Benefits Regulations 1977 F3 or bursaries, scholarships or other allowances payable pursuant to section 49 of the Education (Scotland) Act 1980 F4;

(c)clothing grants payable pursuant to section 5 of the Education (Miscellaneous Provisions) Act 1948 F5 or section 54 of the Education (Scotland) Act 1980;

(d)free school meals and milk provided pursuant to section 22 of the Education Act 1980 F6 or section 53 of the Education (Scotland) Act 1980; or

(e)board and lodging fees payable pursuant to section 111 of the Education Reform Act 1988 F7 or section 52 of the Education (Scotland) Act 1980.]

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