[F184KPayment of grant to receiving authoritiesE+W
(1)The [F2Welsh Ministers] shall pay any sum calculated under section 84J(2) as falling to be paid by way of revenue support grant to a receiving authority in instalments of such amounts, and at such times in the financial year for which the grant is payable, as the [F3Welsh Ministers] may determine.
(2)Where the [F4Welsh Ministers make] a calculation under section 84J(4) that shows an increase in the sum that falls to be paid to a receiving authority, the [F5Welsh Ministers] shall pay the authority a sum equal to the difference.
(3)Payment under subsection (2) shall be at such time, or in instalments of such amounts and at such times, as the [F6Welsh Ministers] may determine, subject to subsection (4).
(4)The time for payment under subsection (2) must be after the end of the financial year for which the grant is payable.
(5)Where the [F7Welsh Ministers make] a calculation under section 84J(4) that shows a decrease in the sum that falls to be paid to a receiving authority, the authority shall pay to the [F8Welsh Ministers] a sum equal to the difference.
(6)The time for payment under subsection (5) shall be such day after the end of the financial year for which the grant is payable as the [F9Welsh Ministers] may specify.]
Textual Amendments
F1Pt. 5 Ch. 3 inserted (27.11.2003 for the purpose of and in relation to financial years beginning on or after 1.4.2004) by Local Government Act 2003 (c. 26), s. 128(4)(e), Sch. 2 para. 1 (with s. 40(2)); S.I. 2003/3034, art. 2, Sch. 1 Pt. I
F2Words in s. 84K(1) substituted (25.5.2007) by The Government of Wales Act 2006 (Consequential Modifications and Transitional Provisions) Order 2007 (S.I. 2007/1388), art. 1(2), Sch. 1 para. 28(2)(a)
F3Words in s. 84K(1) substituted (25.5.2007) by The Government of Wales Act 2006 (Consequential Modifications and Transitional Provisions) Order 2007 (S.I. 2007/1388), art. 1(2), Sch. 1 para. 28(2)(b)
F4Words in s. 84K(2) substituted (25.5.2007) by The Government of Wales Act 2006 (Consequential Modifications and Transitional Provisions) Order 2007 (S.I. 2007/1388), art. 1(2), Sch. 1 para. 28(3)
F5Words in s. 84K(2) substituted (25.5.2007) by The Government of Wales Act 2006 (Consequential Modifications and Transitional Provisions) Order 2007 (S.I. 2007/1388), art. 1(2), Sch. 1 para. 28(4)
F6Words in s. 84K(3) substituted (25.5.2007) by The Government of Wales Act 2006 (Consequential Modifications and Transitional Provisions) Order 2007 (S.I. 2007/1388), art. 1(2), Sch. 1 para. 28(4)
F7Words in s. 84K(5) substituted (25.5.2007) by The Government of Wales Act 2006 (Consequential Modifications and Transitional Provisions) Order 2007 (S.I. 2007/1388), art. 1(2), Sch. 1 para. 28(3)
F8Words in s. 84K(5) substituted (25.5.2007) by The Government of Wales Act 2006 (Consequential Modifications and Transitional Provisions) Order 2007 (S.I. 2007/1388), art. 1(2), Sch. 1 para. 28(4)
F9Words in s. 84K(6) substituted (25.5.2007) by The Government of Wales Act 2006 (Consequential Modifications and Transitional Provisions) Order 2007 (S.I. 2007/1388), art. 1(2), Sch. 1 para. 28(4)