Explanatory Note
(This note is not part of the Order)
The Local Government Reorganisation (Capital Money) (Greater London) Order 1991 specifies money received by the London Residuary Body as capital money for the purposes of section 77 of the Local Government Act 1985 and provides for the distribution of some of it by the London Residuary Body to billing authorities in Greater London.
This Order further amends the 1991 Order by providing for a further distribution of capital money in accordance with specified proportions and by substituting new percentages for those specified in the Schedule to the 1991 Order.