# Greater London Authority Act 1999, Paragraph 21

Extent: E+W+S

(1) This paragraph applies in relation to a charging scheme which by virtue of paragraph 18(1) above includes provision for a portion of the net proceeds of the scheme (the “redistributed portion”) to be paid by the charging authority to another body.
(2) The Authority shall prepare ... a statement of the Authority’s general plan for the application (whether by the Authority or any other body) of the redistributed portion during the opening ten year period.
(3) In sub-paragraph (2) above, “the opening ten year period”, in relation to any charging scheme, means the period which—
(a) begins with the date on which the scheme comes into force; and
(b) ends with the tenth financial year that commences on or after that date.
(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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Source: https://www.legislation.gov.uk/ukpga/1999/29/schedule/23/paragraph/21 (the official version)
Page: https://openlegislation.uk/greater-london-authority-act-1999/schedule-23/paragraph-21
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.