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).