Regulation 7 Amendment of regulation 11
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.”.