# Local Government Finance Act 1988, Paragraph 15

Extent: E+W

(1) This paragraph applies where a calculation (the relevant calculation) is made under paragraph 14(1) or (2) or 14A(2) or (4) above in relation to an amending report.
(2) Where the sum shown by the relevant calculation as falling to be paid to a receiving authority for the financial year concerned exceeds that shown as falling to be paid to it by the relevant previous calculation, the Welsh Ministers shall pay to the authority a sum equal to the difference.
(3) The sum shall be paid at such times, or in instalments of such amounts and at such times, as the Welsh Ministers determine...; but any such time must fall after the end of the financial year in which the amending report was made.
(4) Where the sum shown by the relevant calculation as falling to be paid to a receiving authority for the financial year concerned is less than that shown as falling to be paid to it by the relevant previous calculation, a sum equal to the difference shall be paid by the authority to the Welsh Ministers.
(5) The sum shall be paid on such day after the end of the financial year in which the amending report was made as the Welsh Ministers may specify; and if it is not paid on or before that day it shall be recoverable in a court of competent jurisdiction.
(6) In this paragraph “the relevant previous calculation” means—
(a) in relation to a calculation made under paragraph 14(1) or 14A(2) above, the calculation under paragraph 11(3) or 11B(3) above or, where a further calculation has been made under paragraph 11(4) or 11B(5) above, that further calculation;
(b) in relation to a calculation made under paragraph 14(2) or 14A(4) above, the calculation made under paragraph 14(1) or 14A(2) above.

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Source: https://www.legislation.gov.uk/ukpga/1988/41/schedule/8/paragraph/15 (the official version)
Page: https://openlegislation.uk/local-government-finance-act-1988/schedule-8/paragraph-15
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.