Introductory Text
PART I
1.Citation and commencement
2.(1) In this Order— “the abolished council” means the Greater...
PART II Additions to net capital receipts
3.(1) For the purposes of section 72(3) of the 1980...
PART III The Crystal Palace Fund
4.On or before 30th June 1988 the Residuary Body shall...
5.Distribution of other capital money
PART IV Administrative arrangements-notifications
6.(1) On or before 31st October in each financial year...
7.Administrative arrangements-distribution of capital money
8.Application of capital money
PART V Revocation and savings
9.(1) Subject to paragraphs (2) to (4), the 1987 Order...
Signature
SCHEDULE 1
Additions to net capital receipts
PART 1 Interpretation
1.In this Schedule— “net capital residue” means the direct capital...
2.For the purposes of this Schedule, the population of the...
PART II Formula for the purposes of article 3(1)
3.The formula is— AS T + BY Z where A...
SCHEDULE 2
Distribution of residual balances
The amount to be distributed to each rating authority and...
SCHEDULE 3
Distribution of other capital money
1.References in this Schedule to expenditure incurred by the Residuary...
2.The amount to be distributed to each rating authority shall...
Explanatory Note