SCHEDULE 2PAYMENTS IN RESPECT OF NET REVENUE COST OF TRANSFERRED PROPERTY

7.—(1) When a Borough disposes of, or appropriates to another statutory purpose, any transferred property, the amount payable by the Council to the Borough under paragraph 1 shall be adjusted accordingly;

provided that no such adjustment shall be made if it would result in any increase in the amount payable by the Council.

(2) A Borough shall provide the Council with sufficient information about the disposal or appropriation of any transferred property to enable the adjustments required by sub-paragraph (1) to be made.