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4.—(1) Section 43 of the 1992 Act (calculation of budget requirement by authorities in Wales) is amended as follows.
(2) After subsection (2)(a) insert—
“(aa)the expenditure that the authority estimates it will incur in the year in making repayments of—
(i)grant paid to it by the Secretary of State or the Welsh Ministers, or
(ii)amounts paid to it by the Welsh Ministers in respect of redistributed non-domestic rates;”.
(3) In subsection (3)(a)(i)(1) for “relevant special grant” substitute “special grant, floor funding”.
(4) After subsection (3)(a), insert—
“(aa)the sums that it estimates will be payable to it for an earlier financial year in respect of—
(i)redistributed non-domestic rates,
(ii)revenue support grant,
(iii)additional grant,
(iv)floor funding, or
(v)police grant;”.
(5) After subsection (6B), insert—
“(6C) In this section and section 44—
(a)references to sums payable for a financial year in respect of floor funding are to sums that are payable by the Secretary of State in the year to a major precepting authority in addition to the police grant referred to in subsection (6A), and
(b)references to sums payable for a financial year in respect of—
(i)redistributed non-domestic rates,
(ii)revenue support grant,
(iii)additional grant, or
(iv)special grant,
are to be construed in accordance with section 32(12).”
Section 43(3)(a) was amended by regulation 5 of S.I. 1994/246 and by regulation 4(1) of S.I. 1995/234. It was modified in relation to the financial year 2012/2013 by regulation 4 of S.I. 2012/521(W.82). It was also amended by section 79 of and Schedule 7 to the Localism Act 2011.
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Original (As Enacted or Made) - English: The original English language version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Original (As Enacted or Made) - Welsh:The original Welsh language version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
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