SCHEDULE 8 Non-Domestic Rating: Pooling
F2Part III Distribution
Distribution: local government finance reports
F111
(1)
This paragraph applies where—
(a)
in relation to a financial year, the distributable amount for the year has been calculated and specified in a report in accordance with F3paragraphs 9 and 9A(2) above; and
(b)
the report has been laid before the F4Assembly.
(2)
If the report is approved by resolution of the F5Assembly, the distributable amount for the year shall be distributed among and paid to receiving authorities in accordance with this paragraph and paragraph 12 below.
(3)
As soon as is reasonably practicable after the report has been so approved, the F6Welsh Ministers shall calculate what sum falls to be paid to each receiving authority as its share of the distributable amount for the year in accordance with the basis of distribution specified in the report as so approved.
(4)
Subject to sub-paragraph (5) below, after making a calculation under sub-paragraph (3) above, the F7Welsh Ministers may, at any time before the end of the financial year following the financial year to which the report relates, make one further calculation of what sum falls to be paid to each receiving authority as its share of the distributable amount for the year in accordance with the basis of distribution so specified.
(5)
The power to make a calculation under sub-paragraph (4) above shall not be exercisable after the approval by resolution of the F8Assembly of any amending report made under paragraph 13 below in relation to the local government finance report.
(6)
If the F9Welsh Ministers decide that F10they will leave out of account information received by F11them after a particular date in making a calculation under sub-paragraph (3) or (4) above, the calculation shall be made accordingly, and F10they may decide different dates for different kinds of information.
(7)
Sub-paragraph (6) above applies only if the F12Welsh Ministers inform each receiving authority in writing of F13their decision and of the date (or the dates and kinds of information) concerned; but F14they may do this at any time before the calculation is made under this paragraph (whether before or after the distributable amount for the year is calculated under paragraph 9 above).