Local Government Finance Act 1988 (c. 41)

SCHEDULES

[F1 SCHEDULE 7B E+W Local retention of non-domestic rates

Textual Amendments

F1 Sch. 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

Part 2 E+W Determination of the central and local share

Determination of the central and local share E+W

4 The Secretary of State must, for each year and in relation to each billing authority in England, determine—

(a) the percentage (“the central share”) that is to be the billing authority’s central share for the year for the purposes of Part 3 (payments to the Secretary of State in respect of the central share), and

(b) the percentage (“the local share”) that is to be the billing authority’s local share for the year for the purposes of Part 4 (payments by billing authorities to major precepting authorities).]