7(1)For each financial year there shall be credited (as items of account) to the account kept for the year any sums received by the Secretary of State in the year under paragraph 11 below.S
(2)Any amounts of non-domestic rate income distributed by the Secretary of State in a financial year under—
(a)paragraph 3 above;
(b)paragraph 11(9) and (10) below; or
(c)regulations made under paragraph 12(5) below,
shall be debited (as items of account) to the account kept for the year