# Local Government Finance Act 1992, Paragraph 2

Extent: S

In respect of the financial year 1993-94 and each subsequent financial year, each local authority shall, before such date as may be prescribed in relation to each of those years—
(a) subject to paragraph 3 below, estimate the amount of the expenditure mentioned in paragraph 1 above which they will incur in respect of that year; and
(b) subject to paragraph 4 below, determine what proportion of that expenditure is to be met from each of the sources mentioned in sub-paragraphs (a) to (c) of paragraph 1 above.

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Source: https://www.legislation.gov.uk/ukpga/1992/14/schedule/11/paragraph/2 (the official version)
Page: https://openlegislation.uk/local-government-finance-act-1992/schedule-11/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.