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The Local Government Finance (Additional Grant) (England) Regulations 1992

S.I. 1992/287 · Made 19 February 1992

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

LOCAL GOVERNMENT, ENGLAND AND WALES

FINANCE

Made 19th February 1992

Laid before Parliament 19th February 1992

Coming into force 20th February 1992

The Secretary of State, in exercise of the powers conferred on him by section 95(8) of the Local Government Finance Act 1988f1, and of all other powers enabling him in that behalf, hereby makes the following Regulations:

Annotations to the whole text

Footnotes

f1

1988 c. 41; section 95 was amended by the Local Government and Housing Act 1989 (c. 42), Schedule 5, paragraph 63.

Contents

  1. 1Citation and commencement
  2. 2Calculations to be made by authorities
  3. Signature
  4. Explanatory note

1Citation and commencement

These Regulations may be cited as the Local Government Finance (Additional Grant) (England) Regulations 1992 and shall come into force on 20th February 1992.

2Calculations to be made by authorities

The constituents of the calculation to be made under section 95(3) of the Local Government Finance Act 1988 are altered by adding after paragraph (c) the following item—

“(d)

any amount which it estimates will be transferred from its collection fund to its general fund or the City fund (as the case may be) under section 98(1) below and credited to a revenue account for the year.”.

Signature

Michael Heseltine

Secretary of State for the Environment

19th February 1992

Explanatory note

(This note is not part of the Regulations)

Section 95 of the Local Government Finance Act 1988 sets out the calculations to be made by charging authorities, before the start of a financial year, in respect of their estimates of expenditure and income for that year. Regulation 2 alters that section by requiring such an authority to take into account any additional grant which it estimates will be transferred from its collection fund to its general fund or the City fund under section 98(1) of that Act.