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Local Government Finance Act 1988
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- UK Public General Acts
- 1988 c. 41
- Part V
- Chapter 3
- Section 84N
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Changes over time for: Section 84N
Version Superseded: 25/05/2007
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- 27/11/2003- Amendment
- 27/11/2003
Point in time - 25/05/2007- Amendment
- 20/03/2021- Amendment
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[F184NPayment of grant following amending reportE+W
(1)Where the National Assembly for Wales makes a calculation under section 84M(2) or (4) that shows an increase in the sum that falls to be paid to a receiving authority, it shall pay the authority a sum equal to the difference.
(2)Payment under subsection (1) shall be at such time, or in instalments of such amounts and at such times, as the Assembly may determine, subject to subsection (3).
(3)The time for payment under subsection (2) must be after the end of the financial year in which the report under section 84L was made.
(4)Where the Assembly makes a calculation under section 84M(2) or (4) that shows a decrease in the sum that falls to be paid to a receiving authority, the authority shall pay a sum equal to the difference to the Assembly.
(5)The time for payment under subsection (4) shall be such day after the end of the financial year in which the report under section 84L was made as the Assembly 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
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