PART 2Rates Retention
Amendment of regulation 55
In regulation 5 (payments by billing authorities to major precepting authorities in respect of share of income)—
a
in paragraph (3) after “paragraph (3A)” insert “, (3B) or (3C)”;
b
in paragraph (3A) omit sub-paragraph (a); and
c
after paragraph (3A) insert—
3B
For the relevant year commencing on 1st April 2017 and a relevant year commencing on or after 1st April 2019, the relevant precepting authority share for the Greater London Authority is 37%.
3C
For the relevant year commencing on 1st April 2018, the relevant precepting authority shares are—
a
36% where the relevant precepting authority is the Greater London Authority;
b
49% where the relevant precepting authority is Derbyshire County Council;
c
59% where the relevant precepting authority is Devon County Council;
d
50% where the relevant precepting authority is Gloucestershire County Council;
e
59% where the relevant precepting authority is Kent County Council;
f
40% where the relevant precepting authority is Lincolnshire County Council;
g
20% where the relevant precepting authority is Suffolk County Council; and
h
70% where the relevant precepting authority is Surrey County Council.