7Payments to and from authoritiesE+W
(1)Section 141 of the LGFA 1988 (power to make regulations about set off of payments to and from receiving authorities) is amended as follows.
(2)In subsection (5)(b) (power to require provisions of the Act to be read subject to regulations), after “79(2)” insert “ , 84H(2) and 86B(2) ”.
(3)In subsection (7) (payments to receiving authorities to which regulations may apply)—
(a)after “84C” insert “ , 84K, 84N and 86B ”, and
(b)for the words from “, paragraphs 12 and 15 of that Schedule” to the end substitute “ and paragraphs 12 and 15 of that Schedule. ”
(4)In subsection (8) (payments from receiving authorities to which regulations may apply), for “and 84C” substitute “ , 84C, 84K and 84N ”.
(5)The amendments made by this section have effect in relation to the financial year beginning with 1 April 2013 and subsequent financial years.