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The Non-Domestic Rating (Rates Retention) and (Levy and Safety Net) (Amendment) Regulations 2017
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- UK Statutory Instruments
- 2017 No. 496
- PART 2
- Regulation 5
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Amendment of regulation 5
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5. In regulation 5 (payments by billing authorities to major precepting authorities in respect of share of income)—
(a)in paragraph (3), for “The” substitute “Unless paragraph (3A) applies, the”; and
(b)after paragraph (3) insert—
“(3A) For a relevant year commencing on or after 1st April 2017, the relevant precepting authority shares are—
(a)37% where the relevant precepting authority is the Greater London Authority;
(b)5% where the relevant precepting authority is the West of England Combined Authority(1).”.
(1)
The West of England Combined Authority was established under article 3 of the West of England Combined Authority Order 2017 (S.I. 2017/126).
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