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Local Government Finance Act 1988, Section 126 is up to date with all changes known to be in force on or before 15 August 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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(1)In section 61 of the M1Local Government, Planning and Land Act 1980 (in this section referred to as “the 1980 Act”) subsection (4A) (which was inserted by paragraph 10 of Schedule 1 to the M2Rate Support Grants Act 1986 and restricts the scope for the variation of multipliers in supplementary reports) shall cease to have effect.
(2)If it appears to the Secretary of State that, in a supplementary report under section 61 of the 1980 Act for any year (whether beginning before or after the passing of this Act), he should specify a fresh determination of a multiplier, in place of the determination thereof (in this section referred to as “the earlier determination”) specified in the Rate Support Grant Report or any supplementary report for the year in question, he may make the fresh determination (and any calculation required by section 2(4) of the Rate Support Grants Act 1986) on the basis of such information, assumptions and determinations as he thinks appropriate.
(3)Without prejudice to the generality of subsection (2) above, in the exercise of his discretion under that subsection the Secretary of State may disregard any information received or determination made after such time or times as appear to him to be appropriate.
(4)Expressions used in subsections (2) and (3) above have the same meaning as in Part VI of the 1980 Act and any reference in this section to a multiplier is a reference to a multiplier determined or purported to be determined in exercise of the power conferred by section 59 of the 1980 Act.
F1(5). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(6)Nothing in this section shall be taken to prejudice the generality of the powers of the Secretary of State under subsections (4) and (5) of section 65 of the 1980 Act (powers in relation to matters as to which there is no or no sufficient information and in relation to information which is not submitted in accordance with the requirements of subsection (1) of that section).
Textual Amendments
F1S. 126(5) repealed (3.7.2000) by 1999 c. 29, ss. 325, 423, Sch. 27, para. 58, Sch. 34, Pt. VII (with Sch. 12 para. 9(1)); S.I. 2000/1648, art. 2, Sch.
Modifications etc. (not altering text)
C1S. 126(2) modified by Rate Support Grants Act 1988 (c. 51, SIF 81:1), s. 1(7)(8)
C2S. 126(2) amended by Rate Support Grants Act 1988 (c. 51, SIF 81:1), s. 2(5)
C3S. 126(2) excluded by Rate Support Grants Act 1988 (c. 51, SIF 81:1), s. 3(8)
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