# Local Government Finance Act 1988, Paragraph 4: Determination of the central and local share


The Secretary of State must, for each year and in relation to each billing authority in England, determine—
(a) the percentage (“the central share”) that is to be the billing authority’s central share for the year for the purposes of Part 3 (payments to the Secretary of State in respect of the central share), and
(b) the percentage (“the local share”) that is to be the billing authority’s local share for the year for the purposes of Part 4 (payments by billing authorities to major precepting authorities).

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Source: https://www.legislation.gov.uk/ukpga/1988/41/schedule/7B/paragraph/4 (the official version)
Page: https://openlegislation.uk/local-government-finance-act-1988/schedule-7B/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.