- Y Diweddaraf sydd Ar Gael (Diwygiedig)
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Yn ddilys o 03/04/1995
4(1)Section 32 of the Local Government Finance Act 1992 (calculation of budget requirement) is amended as follows.U.K.
(2)In subsection (3)(a), after “fund” insert “ or (as the case may be) council fund ”.
(3)After subsection (3) insert—
“(3A)In the case of any billing authority in Wales, subsection (3)(a) above does not require the estimation of sums payable into their council fund in respect of council tax or non-domestic rates.”
(4)In subsection (7)(a)(i), after “general fund” insert “ or (as the case may be) council fund ”.
(5)After subsection (8) insert—
“(8A)Subsections (2)(e), (3)(b), (7)(a)(ii) and (8) above do not apply in relation to a Welsh county council or county borough council.
(8B)Subsection (5) above shall have effect in relation to a Welsh county council or county borough council as if for paragraphs (a) and (b) there were substituted—
”(a)payments which must be met from a trust fund;
(b)payments to be made to the Secretary of State under paragraph 5 of Schedule 8 to the 1988 Act or regulations made under paragraph 5(15) of that Schedule;
(c)payments to be made in respect of the amount of any precept issued by a major precepting authority under Part I of this Act (but not payments to be so made in respect of interest on such an amount); and
(d)payments to be made to another person in repaying, under regulations under the 1988 Act or Part I of this Act, excess receipts by way of non-domestic rates or council tax.””
(6)In subsection (9)(b), for “(8)” substitute “ (8B) ”.
Commencement Information
I1Sch. 12 in force at 3.4.1995, see s. 66 and S.I. 1995/852, art. 6(1) (with art. 6(2)-(5))
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