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Local Government Finance Act 1988

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Regulations about transitional protection paymentsE+W

[F133(1)The Secretary of State may by regulations make provision for the making of a payment (a “transitional protection payment”) for a year—

(a)by the Secretary of State to a billing authority in England, or

(b)by a billing authority in England to the Secretary of State.

(2)The regulations must provide for the amount (if any) of a transitional protection payment in relation to an authority for a year to be calculated by reference to its deemed and actual rating income for the year, so that—

(a)if its deemed rating income for a year exceeds its actual rating income for the year, the Secretary of State is to be liable to make a transitional protection payment to the authority for the year of an amount equal to the excess;

(b)if its actual rating income for a year exceeds its deemed rating income for the year, the authority is to be liable to make a transitional protection payment to the Secretary of State for the year of an amount equal to the excess;

(c)if its deemed rating income for a year is equal to its actual rating income for the year, no transitional protection payment is to be made to or by the authority for the year.

(3)The regulations may, in particular, make provision—

(a)about the making of calculations, and the supply of information to the Secretary of State, by a billing authority in connection with the determination of the transitional protection payment (if any) to be made to or by the authority;

(b)about the assumptions and adjustments to be made, and the information to be taken into account, in making such calculations;

(c)about the consequences of non-compliance with provision under paragraph (a) or (b), including (in particular)—

(i)for the making by the Secretary of State of calculations, or of assumptions as to the information that would otherwise have been supplied by the authority;

(ii)for the suspension of payments to the authority.

(4)The regulations may, in particular, make provision—

(a)for the making by a billing authority or the Secretary of State of a payment on account of a transitional protection payment;

(b)for the calculation, where a payment on account has been made, of the amount of the final transitional protection payment (if any) to be made to or by the authority;

(c)for the certification of calculations made, or information supplied to the Secretary of State, by a billing authority in connection with the determination of the final transitional protection payment (if any) to be made to or by the authority;

(d)about the consequences where a certified calculation or certified information does not match that made or supplied by the authority, including (in particular) about the use of the certified calculation or certified information;

(e)about the making of financial adjustments where the final transitional protection payment to be made to or by the authority for the year is different from a payment on account made to or by the authority for the year.

(5)The regulations may confer power on the Secretary of State to give directions about the certification of calculations or information.

(6)The regulations may, in particular, make provision about the time and manner in which a payment under the regulations is to be made (including for payment by instalments), and as to the consequences of non-payment.]

Textual Amendments

F1Sch. 7B inserted (with effect in accordance with s. 1(6) of the amending Act) by Local Government Finance Act 2012 (c. 17), s. 1(4), Sch. 1

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