{
  "url": "https://openlegislation.uk/local-authorities-funds-england-regulations-1992/schedule-2/paragraph-6",
  "json_url": "https://openlegislation.uk/local-authorities-funds-england-regulations-1992/schedule-2/paragraph-6.json",
  "legislation": "uksi/1992/2428",
  "legislation_title": "The Local Authorities (Funds) (England) Regulations 1992",
  "legislation_url": "https://openlegislation.uk/local-authorities-funds-england-regulations-1992",
  "path": "schedule/2/paragraph/6",
  "kind": "paragraph",
  "number": "6",
  "heading": null,
  "text": "(1) A billing authority shall calculate in accordance with this Part of this Schedule as regards each financial year beginning in or after 1994 how the surplus or deficit estimated in accordance with Part I of this Schedule for the preceding financial year (“the year”) is to be shared among or borne between the authority and its relevant major precepting authorities.\n(2) Subject to sub-paragraph (14) below and paragraph 7, the amount of any surplus which is to be the billing authority’s share or of any deficit which is to be borne by that authority for the year shall be calculated by applying the formula—\nA×BB+Cwhere, subject to sub-paragraph (3),—\nA is the amount of the surplus or deficit, as the case may be, estimated by the authority under paragraph 2 of Part I of this Schedule for the year,\nB is the amount calculated (or last calculated) by the authority under section 97(1) of the 1988 Act for the year,\nC is the aggregate of the amounts stated by any relevant major precepting authorities in precepts issued (or last issued) to the authority for the year under section 40(2)(b) of the 1992 Act.\n(3) Where the amount last calculated by a billing authority under section 97(1) of the 1988 Act is a negative amount B shall be nil.\n(4) Subject to sub-paragraphs (5) to (14) below and paragraph 7, the amount of any surplus which is to be a relevant major precepting authority’s share or of any deficit which is to be borne by that authority for the year shall be calculated by applying the formula—\n(A x (D divided by (B + C))) + L\nwhere—\nA, B and C have the same meanings as in sub-paragraphs (2) and (3),\nD is the amount stated by that precepting authority in a precept issued (or last issued) to a billing authority for the year under section 40(2)(b) of the 1992 Act,\nL is the amount of any variation to any payment or instalment of a payment relating to a precept as agreed between the billing authority and that major precepting authority under paragraph 6(3)(b) of Schedule 1A to the Local Government Finance Act 1992, expressed as a positive amount where the calculation concerns a surplus and a negative amount where the calculation concerns a deficit.\n(4A) Where the amount given by sub-paragraph (4) is a negative amount, the billing authority shall be liable to pay the equivalent positive amount to that major precepting authority and shall treat that equivalent positive amount for the purposes of regulation 3(6) as if it were that major precepting authority’s share of a surplus in the collection fund for that year, calculated in accordance with regulation 11.\n(5) The amount of any surplus which is to be the Greater London Authority’s share or of any deficit which is to be borne by the Greater London Authority for the year beginning on 1st April 2000 shall be calculated by the councils of the outer London boroughs by applying the formula—\nA×E+FB+Cwhere—\nA, B, and C have the same meaning as in sub-paragraphs (2) and (3);\nE is the amount stated by the Receiver for the Metropolitan Police District in a precept issued (or last issued) to the billing authority for the year beginning on 1st April 1999 under section 40(2)(b) of the 1992 Act;\nF is the amount stated by the London Fire and Civil Defence Authority in a precept issued (or last issued) to the billing authority for the year beginning on 1st April 1999 under section 40(2)(b) of the 1992 Act.\n(6) The amount of any surplus which is to be the Greater London Authority’s share or of any deficit which is to be borne by the Greater London Authority for the year beginning on 1st April 2000 shall be calculated by the councils of the inner London boroughs by applying the formula—\nA×F+GB+Cwhere—\nA, B, and C have the same meaning as in sub-paragraphs (2) and (3);\nF is the amount stated by the London Fire and Civil Defence Authority in a precept issued (or last issued) to the billing authority for the year beginning on 1st April 1999 under section 40(2)(b) of the 1992 Act;\nG is 83.61% of the amount stated by the Receiver for the Metropolitan Police District in a precept issued (or last issued) to the billing authority for the year beginning on 1st April 1999 under section 40(2)(b) of the 1992 Act.\n(7) The amount of any surplus which is to be the Greater London Authority’s share or of any deficit which is to be borne by the Greater London Authority for the year beginning on 1st April 2000 shall be calculated by the Common Council of the City of London by applying the formula—\nA×FB+Cwhere—\nA, B, and C have the same meaning as in sub-paragraphs (2) and (3);\nF has the same meaning as in sub-paragraph (5).\n(8) The amount of any surplus which is to be the Receiver for the Metropolitan Police District’s share or of any deficit which is to be borne by the Receiver for the Metropolitan Police District for the year beginning on 1st April 2000 shall be calculated by the councils of the inner London boroughs by applying the formula—\nA×HB+Cwhere—\nA, B, and C have the same meaning as in sub-paragraphs (2) and (3);\nH is 16.39%of the amount stated by the Receiver for the Metropolitan Police District in a precept issued (or last issued) to the billing authority for the year beginning on 1st April 1999 under section 40(2)(b) of the 1992 Act.\n(9) The amount of any surplus which is to be the Essex Police Authority’s share or of any deficit which is to be borne by the Essex Police Authority for the year beginning on 1st April 2000 shall be calculated by the Epping Forest District Council by applying the formula—\nA×E+IB+Cwhere—\nA, B, and C have the same meaning as in sub-paragraphs (2) and (3);\nE has the same meaning as in sub-paragraph (5);\nI is the amount stated by the Essex Police Authority in a precept issued (or last issued) to Epping Forest District Council for the year beginning on 1st April 1999 under section 40(2)(b) of the 1992 Act.\n(10) The amount of any surplus which is to be the Surrey Police Authority’s share or of any deficit which is to be borne by the Surrey Police Authority for the year beginning on 1st April 2000 shall be calculated by Elmbridge Borough Council and Reigate & Banstead Borough Council by applying the formula—\nA×E+JB+Cwhere—\nA, B, and C have the same meaning as in sub-paragraphs (2) and (3);\nE has the same meaning as in sub-paragraph (5);\nJ is the amount stated by the Surrey Police Authority in a precept issued (or last issued) to the billing authority for the year beginning on 1st April 1999 under section 40(2)(b) of the 1992 Act.\n(11) The amount of any surplus which is to be the Surrey Police Authority’s share or of any deficit which is to be borne by the Surrey Police Authority for the year beginning on 1st April 2000 shall be calculated by the Council of the Borough of Spelthorne and Epsom & Ewell Borough Council by applying the formula—\nA×EB+Cwhere—\nA, B, and C have the same meaning as in sub-paragraphs (2) and (3);\nE has the same meaning as in sub-paragraph (5).\n(12) The amount of any surplus which is to be the Hertfordshire Police Authority’s share or of any deficit which is to be borne by the Hertfordshire Police Authority for the year beginning on 1st April 2000 shall be calculated by Hertsmere Borough Council by applying the formula—\nA×EB+Cwhere—\nA, B, and C have the same meaning as in sub-paragraphs (2) and (3);\nE has the same meaning as in sub-paragraph (5).\n(13) The amount of any surplus which is to be the Hertfordshire Police Authority’s share or of any deficit which is to be borne by the Hertfordshire Police Authority for the year beginning on 1st April 2000 shall be calculated by Broxbourne Borough Council and Welwyn Hatfield District Council by applying the formula—\nA×E+KB+Cwhere—\nA, B, and C have the same meaning as in sub-paragraphs (2) and (3);\nE has the same meaning as in sub-paragraph (5);\nK is the amount stated by the Hertfordshire Police Authority in a precept issued (or last issued) to the billing authority for the year beginning on 1st April 1999 under section 40(2)(b) of the 1992 Act.\n(14) In relation to the Isle of Wight Council and the financial year beginning on 1st April 2021 sub-paragraphs (1) to (4) apply with the following modifications—\n(a) the Hampshire and Isle of Wight Fire and Rescue Authority is treated as a relevant major precepting authority which, for the purposes of C and D, issued a precept of £3,347,939.09 for the year beginning on 1st April 2020 to the Isle of Wight Council;\n(b) B is the amount calculated (or last calculated) by the authority under section 97(1) of the 1988 Act for the year beginning on 1st April 2020 minus £3,347,939.09.",
  "extent": "E+W",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in Sch. 2 para. 6(2) inserted (1.12.2020) by The Local Authorities (Collection Fund: Surplus and Deficit) (Coronavirus) (England) Regulations 2020 (S.I. 2020/1202), regs. 1, 2(4)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Sch. 2 para. 6(4) substituted (20.12.2013) by The Local Authorities (Funds) (England) (Amendment) Regulations 2013 (S.I. 2013/2974), regs. 1, 2(4)(b)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in Sch. 2 para. 6(4) substituted (1.12.2020) by The Local Authorities (Collection Fund: Surplus and Deficit) (Coronavirus) (England) Regulations 2020 (S.I. 2020/1202), regs. 1, 2(5)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Sch. 2 para. 6(4A) inserted (20.12.2013) by The Local Authorities (Funds) (England) (Amendment) Regulations 2013 (S.I. 2013/2974), regs. 1, 2(4)(c)"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Sch. 2 para. 6(5)-(13) added (12.1.2000) by The Local Authorities (Funds) (England) (Amendment No. 2) Regulations 1999 (S.I. 1999/3459), regs. 1(1), 7(2)"
    },
    {
      "type": "F",
      "label": "F6",
      "text": "Sch. 2 para. 6(14) inserted (1.12.2020) by The Local Authorities (Collection Fund: Surplus and Deficit) (Coronavirus) (England) Regulations 2020 (S.I. 2020/1202), regs. 1, 2(6)"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 2 para. 6 in force at 4.11.1992, see reg. 1(1)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1992/2428/schedule/2/paragraph/6",
    "retrieved_at": "2026-10-29T14:15:16.910996+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}