# Local Government Finance Act 1988, Paragraph 32: Regulations about deemed and actual rating income


(1) The Secretary of State may by regulations make provision for calculating in accordance with the regulations—
(a) the total amount which would be payable to a billing authority in England in respect of a year under sections 43 and 45 if—
(i) regulations under section 57A (transitional relief following compilation of local rating list) were not in force for the year, and
(ii) the authority acted diligently, and
(b) the total amount which would be payable to a billing authority in England in respect of a year under sections 43 and 45 if the authority acted diligently.
(2) The regulations may include provision for adjustments to be made to an amount calculated under provision under sub-paragraph (1).
(3) The regulations may, in particular, make provision for adjustments to that amount by reference to changes affecting the calculation of such an amount for an earlier year but not taken into account in that calculation.
(4) In this Part of this Schedule—
(a) a billing authority’s “deemed rating income” for a year means the amount calculated for the authority and the year under provision under sub-paragraph (1)(a) and (2), and
(b) a billing authority’s “actual rating income” for a year means the amount calculated for the authority and the year under provision under sub-paragraph (1)(b) and (2).

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Source: https://www.legislation.gov.uk/ukpga/1988/41/schedule/7B/paragraph/32 (the official version)
Page: https://openlegislation.uk/local-government-finance-act-1988/schedule-7B/paragraph-32
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.