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3.—(1) A levying body may issue to a relevant authority in accordance with these Regulations a levy in respect of any financial year to meet the expenditure of the levying body in respect of which a relevant precepting power would have been exercisable.
(2) When issuing a levy, a levying body must notify the relevant authority whether it or any portion of it relates only to a part of the authority’s area and, if it does, which part.
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