Greater London Authority Act 1999 (c. 29)

Part III U.K. Financial Provisions

Chapter II E+W+S Grants and [F1 locally retained] Non-domestic Rates

Textual Amendments

F1 Words in Pt. 3 Ch. 2 heading substituted (27.3.2013) by The Local Government Finance Act 2012 (Consequential Amendments) Order 2013 (S.I. 2013/733), arts. 1, 3(4)

Distribution of grants etc. E+W+S

103 Authority’s duty to account to functional bodies for their grants. E+W+S

(1) Where the Authority receives any grant or other payment made only for the purposes, or particular purposes, of a functional body, the Authority shall forthwith account for the grant or other payment to the functional body concerned and pay it over to that body.

(2) Subsection (1) above does not apply in relation to any sum received in respect of an item which falls within any of the paragraphs of subsection (2) of section 102 above.