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The Collection Fund (Wales) Regulations 1989

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Calculations under section 95(4) of the Act

9.  Where—

(a)a charging authority has made a substitute calculation under section 95(4) of the Act(1)in relation to a financial year, and

(b)an amount transferred under section 97 of the Act from that authority’s collection fund to its general fund in relation to that financial year would not have been so transferred had the result of the immediately preceding calculation in relation to that year been the same as that of the substitute calculation, that authority shall, as soon as is reasonably practicable after making that substitute calculation, transfer from its general fund to its collection fund the amount which would not have been so transferred.

(1)

Section 95 was amended by the Local Government and Housing Act 1989 (c. 42), Schedule 5, paragraph 63.

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