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Local Government Finance Act 1992

Status:

This is the original version (as it was originally enacted).

General

1(1)The local authorities—

(a)to which revenue support grant is payable; and

(b)among whom the distributable amount (within the meaning of paragraph 9 below) of non-domestic rate income is distributed,

in respect of a financial year shall be such local authorities as are specified in an order made by the Secretary of State; and different provision may be made for the purposes of sub-paragraphs (a) and (b) of this paragraph in respect of the same authority.

(2)The amount of revenue support grant payable in respect of a financial year to a local authority so specified shall be such amount as is determined in relation to that authority by order made by the Secretary of State.

(3)The amount of non-domestic rate income distributed in respect of a financial year to a local authority so specified shall be such part of the distributable amount for that year as is determined in relation to that authority by order made by the Secretary of State.

(4)Subject to paragraph 4 below, the Secretary of State may at any time by order—

(a)make such amendments as he thinks fit to; or

(b)revoke; or

(c)revoke and replace with a different order,

any order made under this paragraph; and any amount of revenue support grant or non-domestic rate income which has been paid and which, in consequence of anything done under this paragraph, falls to be repaid may be recovered by the Secretary of State whenever and however he thinks fit.

(5)An order under this paragraph shall be known as a local government finance order.

2(1)A local government finance order shall be made only with the consent of the Treasury.

(2)Before making a local government finance order the Secretary of State shall consult such associations of local authorities as appear to him to be appropriate.

(3)A local government finance order together with a report of the considerations which led to its provisions shall be laid before the House of Commons but shall have no effect until approved by a resolution of that House.

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