(1)Where the Mayor makes an allocation from a category C or D amount—
(a)under an aggregate credit approval, to the Authority, or
(b)under an additional credit approval, to the Authority or a functional body,
he shall give notice of the allocation to each of the functional bodies.
(2)Where the Mayor makes an allocation to a functional body from a category C or D amount under an aggregate credit approval, notice of the allocation shall be given to each of the functional bodies by including a statement of the amount so allocated (together with a statement of the purposes for which the amount is allocated) in section B of the capital spending plan, pursuant to section 122(4)(d) below.
(3)In the other provisions of this Chapter, any reference to notice of an allocation from a category C or D amount is a reference to the notice of the allocation given in accordance with subsection (1) or (2) above.
Modifications etc. (not altering text)
C1S. 115 modified (24.4.2000) by S.I. 2000/862, art. 2(3)
Commencement Information
I1S. 115 partly in force; s. 115 not in force at Royal Assent see s. 425(2); s. 115(1)(3) in force and s. 115(2) in force for specified purposes (3.7.2000) by S.I. 2000/801, art. 2(2)(c), Sch. Pt. 3