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Article 6 Administrative arrangements — notifications of general distribution of capital money

Original text. Later amendments are not shown.

(1)

On or before 31st December in each financial year commencing with the financial year beginning 1st April 1991 the LRB shall notify each charging authority in inner London of its estimate of—

(a)

the amounts of direct capital receipts to be received by the LRB in the current and next succeeding financial years; and

(b)

the amount to be paid to that authority in those years in accordance with article 5.

(2)

At the same time as it notifies an authority of either of the matters referred to in paragraph (1) above the LRB shall send a copy of such notification to the Secretary of State.