Version Superseded: 31/10/2012
Point in time view as at 31/01/2012. This version of this provision has been superseded.
Local Government Finance Act 1988, Section 86 is up to date with all changes known to be in force on or before 02 March 2025. 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.
(1)This section applies where in accordance with section 85 above a determination as regards additional grant has been made for a financial year and specified in a report which has been laid before the House of Commons.
(2)If the report is approved by resolution of the House of Commons—
(a)the Secretary of State shall pay the amount stated in the determination as the amount of the additional grant for the year, and
(b)the amount shall be distributed on the basis stated in the determination.
(3)Where a sum falls to be paid to a receiving authority by way of additional grant it shall be paid at such time, or in instalments of such amounts and at such times, as the Secretary of State determines with the Treasury’s consent; and any such time may fall within or after the financial year concerned.
F1(4). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F1(5). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F1(6). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F1S. 86(4)-(6) repealed (6.3.1992) by 1992 c. 14, ss. 104, 117(2), Sch. 10 Pt. II para. 17, Sch.14 (with s. 118(1)(2)(4))
Modifications etc. (not altering text)
C1S. 86(2)(3) modified by S.I. 1990/493, reg. 8(1) and by S.I. 1990/609, reg. 5(1)
S. 86(2)(3) modified (1.4.1993) by S.I. 1992/2996, reg. 4(1)
S. 86(2)(3) restricted (1.4.1993) by S.I. 1993/613, reg. 5(1)
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