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The Non-Domestic Rating (Rates Retention) Regulations 2013
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- UK Statutory Instruments
- 2013 No. 452
- PART 3
- Regulation 11
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Reconciliation of amount deducted from central share payment
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11. Where the amount certified under regulation 9 as the total of the amount of qualifying relief specified by paragraph 2 and 3 of Schedule 2 is different to the amount deducted from the central share payments under regulation 4(1)—
(a)if the certified amount is less than the deducted amount, the billing authority must pay an amount equal to the difference to the Secretary of State; or
(b)if the certified amount is more than the deducted amount, the Secretary of State must pay an amount equal to the difference to the billing authority.
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