Local Government Finance Act 1992

[F1 52ZW Further provisions about directions E+W

(1) An authority that is required to make substitute calculations for a financial year by virtue of any of sections 52ZS to 52ZU above—

(a) must make the calculations, and

(b) in the case of a major precepting authority, must issue any precepts in substitution required in consequence under section 42 above,

before the end of the period mentioned in subsection (3) below.

(2) A local precepting authority to which section 52ZV(4) above applies must issue any precepts in substitution required in consequence under section 42 above before the end of the period mentioned in subsection (3) below.

(3) That period is—

(a) the period of 35 days beginning with the day on which the authority receives the direction (where it is the Greater London Authority), or

(b) the period of 21 days beginning with the day on which the authority receives the direction (in any other case).

(4) In the case of a billing authority, the authority has no power during the period of restriction to transfer any amount from its collection fund to its general fund; and sections 97 and 98 of the 1988 Act have effect accordingly.

(5) In the case of a precepting authority, no authority to which it has power to issue a precept has power during the period of restriction to pay anything in respect of a precept issued by the precepting authority for the financial year.

(6) For the purposes of subsections (4) and (5) above “the period of restriction” is the period—

(a) beginning at the end of the period mentioned in subsection (3) above, and

(b) ending at the time (if any) when the authority complies with subsection (1) or (2) above (as the case may be).

(7) The following provisions of this section apply to substitute calculations by the Greater London Authority other than those made pursuant to section 52ZU above.

(8) Subject to variation or revocation, a direction under section 52ZR above has effect in relation to any substitute calculations made under any enactment by the Greater London Authority—

(a) in accordance with sections 85, 86 and 88 to 90 of and Schedule 7 to the Greater London Authority Act 1999 and sections 47 and 48 above,

(b) in relation to the financial year to which the direction relates, and

(c) at any time after the direction is given.

(9) Where a direction under section 52ZR above has effect in relation to any substitute calculations by virtue of subsection (8) above, none of the calculations have effect if the amount calculated under section 85(6) of the Greater London Authority Act 1999 for the relevant constituent body is not in compliance with the direction.]

Textual Amendments

F1 Pt. 1 Ch. 4ZA inserted (3.12.2011) by Localism Act 2011 (c. 20), ss. 72(1), 240(2), Sch. 5; S.I. 2011/2896, art. 2(g) (with art. 3(1)(2))