Version Superseded: 27/07/1999
Point in time view as at 06/03/1992. This version of this provision has been superseded.
Local Government Finance Act 1992, Section 58 is up to date with all changes known to be in force on or before 01 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 a designated authority informs the Secretary of State by notice in writing under section 56(4)(b) above.
(2)As soon as is reasonably practicable after he receives the notice the Secretary of State shall serve on the authority a notice stating the amount which the amount calculated by it as its budget requirement for the year is not to exceed; and the amount stated shall be that stated in the notice under section 56(1)(c) above.
(3)When he serves a notice under subsection (2) above on a precepting authority, the Secretary of State shall also serve a copy of it on each billing authority to which the precepting authority has power to issue a precept.
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