Regulation 3 Estimates by abolished authorities
Subject to paragraph (2) below, an abolished authority in relation to which there are two or more successor authorities shall, on or before 10th December in the final year, supply the designated authority with the following—
an estimate of the amount of its borrowings which will not have been repaid before the reorganisation date;
where the abolished authority is a housing authority, estimates of the modified housing amount and modified non-housing amount;
where the abolished authority is not a housing authority, an estimate of the modified relevant amount; and
an estimate of the amounts which the abolished authority would have been required to determine for the initial year for the purposes of regulation 26(1)(b) and (c) of the 1990 Regulations if the section 17 order providing for it to be wound up and dissolved on the reorganisation date had not been made.
Amounts shall be estimated for the purposes of paragraph (1) above as if the estimate were being made on the last day of the final year.
The abolished authority shall furnish the designated authority with all such information relating to the estimates made pursuant to paragraph (1) above, or to any other matter, as that authority may reasonably request for the purpose of discharging its functions under these Regulations.