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Explanatory note

Original text. Later amendments are not shown.

(This note is not part of the Order)

The Local Government Reorganisation (Capital Money) (Greater London) Order 1991 specifies money received by the London Residuary Body as capital money for the purposes of section 77 of the Local Government Act 1985 and provides for the distribution of some of it by the London Residuary Body to charging authorities in Greater London.

This Order amends the 1991 Order by providing for a further distribution of capital money in accordance with specified proportions and by substituting new percentages for those specified in the Schedule to the 1991 Order.It also brings the 1991 Order up-to-date, in consequence of the Local Government Finance Act 1992, by substituting references to “billing authorities” for references to “charging authorities”.