Explanatory note

The Local Government Finance Act 1988 (“the Act”) provides for the payment by the Secretary of State to receiving authorities (in Wales, county councils and charging authorities) of amounts in respect of revenue support grant and additional grant, and for the distribution by him of the distributable amount of non-domestic rates. The Act also provides for the payment by each receiving authority to the Secretary of State of any overpayment of revenue support grant and, in the case of charging authorities, amounts in respect of non-domestic rates.

These Regulations make provisions for payments due to a Welsh receiving authority from the Secretary of State and payments due to him from the same receiving authority to be set off one against the other. The Regulations also make consequential provisions flowing from the set off provisions.