Calculation of payments on accountE+W
4.—(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).