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Regulation 7 Amendment of regulation 11

Original text. Later amendments are not shown.

In regulation 11 (reconciliation of amount deducted from central share payment)—

(a)

before paragraph (1) insert—

“(A1)

This regulation applies in relation to a relevant year if a billing authority deducts an amount under regulation 4(1) from its central share payment for that year.”;

(b)

in paragraph (3), for “For” substitute “Unless paragraph (4) applies, for”; and

(c)

after paragraph (3) insert—

“(4)

In relation to a relevant year commencing on or after 1st April 2017, the percentage shares are—

(a)

44.8% where the billing authority is listed in Part 1 of Schedule 5; and

(b)

55.2% where the relevant precepting authority is the Greater London Authority.”.