OpenLegislation

Regulation 9 Calculations under section 95(4) of the Act

Original text. Later amendments are not shown.

Where—

(a)

a charging authority has made a substitute calculation under section 95(4) of the Actf1in relation to a financial year, and

(b)

an amount transferred under section 97 of the Act from that authority’s collection fund to its general fund in relation to that financial year would not have been so transferred had the result of the immediately preceding calculation in relation to that year been the same as that of the substitute calculation, that authority shall, as soon as is reasonably practicable after making that substitute calculation, transfer from its general fund to its collection fund the amount which would not have been so transferred.

Annotations

Footnotes

f1

Section 95 was amended by the Local Government and Housing Act 1989 (c. 42), Schedule 5, paragraph 63.