SCHEDULES
C1SCHEDULE 3 Provisions Supplementing Part IV
Part I Effect of Overspend in 1989-90 on Credit Approvals
1
1
If Part VIII of the M1Local Government, Planning and Land Act 1980 (in this Part of this Schedule referred to as “the 1980 Act”) applied to the prescribed expenditure of a local authority for the financial year 1989-90, it shall be determined whether—
a
the total of the payment, made (or treated as made) in respect of that prescribed expenditure exceeded
b
the aggregate of the amounts which, in relation to that authority, fell within paragraphs (a) to (e) of subsection (3) of section 72 of the 1980 Act for that financial year.
2
If for any local authority there is such an excess as is referred to in sub-paragraph (1) above, it is in the following provisions of this Part of this Schedule referred to as the “1989-90 overspend”of the authority.
Sch. 3 applied (temp.) (with modifications) (4.5.1995) by S.I. 1995/1041, art. 2, Sch. para. 5
Sch. 3 applied (with modifications) (23.11.1995) by S.I. 1995/2803, art. 19(2), Sch. 7 Pt. II para. 5