Modifications etc. (not altering text)
C1Pt. I (ss. 1–16): power to modify conferred by Environmental Protection Act 1990 (c. 43, SIF 46:4), s. 97(1)(b)
C2Pt. I (ss. 1-16): power to modify conferred (prosp.) by Local Government Act 1992 (c. 19), ss. 8(5), 30(3)
C3Pt. I (ss. 1-16): applied (with modifications) (temp. from 31.3.1995 to 31.12.2000) by S.I. 1995/678, art. 3, Sch. 1
C4Pt. I (ss. 1-16): power to apply conferred (1.9.1997) by 1997 c. 50, s. 44(1), Sch. 4 para. (h)(i); S.I. 1997/1930, art. 3
(1)This section applies where a defined authority carry out, in the financial year beginning in 1989 or in a subsequent financial year, work which falls within a defined activity and fulfils the condition that—
(a)it is carried out under a works contract to which section 4 above applies, or
(b)section 6 above applies to it.
(2)The authority shall secure that such financial objective as the Secretary of State may specify for the year concerned is met by—
(a)the revenue for all work which falls within that activity, is carried out by them in that year and fulfils that condition, or
(b)that revenue, adjusted by making such additions or subtractions (or both) as may be required by the specification.
(3)The reference in subsection (2) above to the revenue for the work concerned is to the aggregate of the items credited to the account kept under section 9 above as regards the work.
(4)A specification under this section may define the financial objective concerned by reference to such factors as the Secretary of State thinks fit.
Modifications etc. (not altering text)
C5S. 10 applied (9.1.1995) by S.I. 1994/3167, reg. 13
S. 10 applied (with modification) (15.8.1994) by 1994 c. 19, s. 52 (with ss. 54(5)(7), 55(5), Sch. 17 paras. 22(1), 23(2)); S.I. 1994/2109, art. 2