Local Government Act 1985 (c. 51)

Part VIII E+W Financial Provisions

New authorities E+W

F1 68 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . E+W

Textual Amendments

F1 S. 68 repealed (21.8.1991) by S.I. 1991/1730, art. 2(1).

F2 69 Block grant. E+W

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Textual Amendments

F2 S. 69 repealed (22.7.2004) by Statute Law (Repeals) Act 2004 (c. 14), Sch. 1 Pt. 10 Group 2

70, 71. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F3 E+W

Textual Amendments

F3 Ss. 70, 71 repealed by Local Government and Housing Act 1989 (c.42, SIF 81:1), s. 194(2), Sch. 12 Pt. I

72 Accounts and audit. E+W

(1) Each new authority shall keep a fund to be known as the general fund; and all receipts of the authority shall be carried to that fund and all liabilities falling to be discharged by the authority shall be discharged out of that fund.

(2) Accounts shall be kept of receipts carried to, and payments made out of, the general fund.

F4 (3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(4) Nothing in subsection (1) above shall be construed as requiring or authorising an authority to apply or dispose of the surplus revenue arising from any undertaking carried on by it otherwise than in accordance with any enactment or instrument applicable to the undertaking.

F5 [(5) Any reference in this section to a new authority includes a reference to the London Fire and Emergency Planning Authority [F6 and a combined authority established under section 103 of the Local Democracy, Economic Development and Construction Act 2009.]]

Textual Amendments

F4 S. 72(3) repealed (11.9.1988) by 1998 c.18, ss. 54(3), 55(2), Sch. 5

F5 S. 72(5) inserted (3.7.2000) by 1999 c. 29, ss. 328(8), 425(2), Sch. 29 Pt. I para. 40 (with Sch. 12 para. 9(1)); S.I. 2000/1094, art. 4(h)

F6 Words in s. 72(5) inserted (17.12.2009) by Local Democracy, Economic Development and Construction Act 2009 (c. 20), s. 148(6), Sch. 6 para. 60; S.I. 2009/3318, art. 2(c)

Modifications etc. (not altering text)

C1 S. 72(1)(2)(4) amended by S.I. 1985/1884, art. 9(1)

C2 S. 72(1)(2)(4) modified by S.I. 1987/2110, art. 2(2), Sch. 1 para. 7(g)

73 Financial administration. E+W

[F7 (1)] Each new authority shall make arrangements for the proper administration of its financial affairs and shall secure that one of its officers has responsibility for the administration of those affairs.

[F8 (2) The reference in this section to a new authority includes a reference to a combined authority established under section 103 of the Local Democracy, Economic Development and Construction Act 2009.]

Textual Amendments

F7 S. 73(1): s. 73 renumbered as s. 73(1) (17.12.2009) by Local Democracy, Economic Development and Construction Act 2009 (c. 20), s. 148(6), Sch. 6 para. 61(2); S.I. 2009/3318, art. 2(c)

F8 S. 73(2) inserted (17.12.2009) by Local Democracy, Economic Development and Construction Act 2009 (c. 20), s. 148(6), Sch. 6 para. 61(3); S.I. 2009/3318, art. 2(c)

Modifications etc. (not altering text)

C3 S. 73 amended by S.I. 1985/1884, art. 9(1)

C4 S. 73 modified by S.I. 1987/2110, art. 2(2), Sch. 1 para. 7(h)

C5 S. 73 modified by S.I. 1989/1815, art. 2(2), Sch. 1 para. 9 (as inserted by S.I. 1990/198, art. 2)