Local Government Finance Act 1992 (c. 14)
10(1)Section 32 (calculation of budget requirement by billing authority) is amended as follows.
(2)In the heading at the end insert “by authorities in Wales”.
(3)In subsection (1) after “billing authority” insert “in Wales”.
(4)In subsection (2)—
(a)omit the paragraph (a) inserted in relation to authorities in England by the Local Authorities (Alteration of Requisite Calculations) (England) Regulations 2005 (S.I. 2005/190) (so that the paragraph (a) in that subsection as enacted continues to have effect for authorities in Wales),
(b)at the end of paragraph (c) insert “and”, and
(c)omit paragraph (e).
(5)In subsection (3)—
(a)in paragraph (a)—
(i)omit the words “general fund or (as the case may be)”,
(ii)omit the words from “BID levy” to “2003,”, and
(iii)omit the words “or (in the case of the Common Council only) police grant”,
(b)omit paragraph (b), and
(c)in paragraph (c) for “, (b) and (e)” substitute “and (b)”.
(6)In subsection (3A)—
(a)omit “In the case of any billing authority in Wales,”, and
(b)for “their” substitute “a billing authority’s”.
(7)For subsection (5) substitute—
“(5)In making the calculation under subsection (2) above the authority must ignore—
(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 1 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 1 of this Act, excess receipts by way of non-domestic rates or council tax.”
(8)In subsection (7)(a)—
(a)in sub-paragraph (i) omit “general fund or (as the case may be)”, and
(b)omit sub-paragraph (ii).
(9)Omit subsections (8) to (8B).
(10)In subsection (9)—
(a)for “Secretary of State” substitute “Welsh Ministers”, and
(b)for “(8B)” substitute “(7)”.
(11)In subsection (12) omit the definition of “police grant”.
(12)Omit subsection (13).