Calculation of payments on account4

1

On or before the specified date, an authority must—

a

estimate the amount of its deemed rating income for the relevant year;

b

estimate the amount of its actual rating income for the relevant year; and

c

notify the Secretary of State of the estimated amounts.

2

The specified date is—

a

for the year commencing on 1st April 2013, 15th March 2013; and

b

for a year commencing on or after 1st April 2014, 31st January in the preceding year.

3

If the authority fails to comply with paragraph (1) the Secretary of State may make an estimate of the amount or amounts; and in such cases—

a

the Secretary of State must notify the authority of the amounts calculated; and

b

these Regulations take effect as if the amounts calculated by the Secretary of State were calculated in accordance with paragraph (1).