The Local Government Reorganisation (Capital Money) (Greater London) (Amendment) Order 1995
S.I. 1995/1974 · Made 25 July 1995
LOCAL GOVERNMENT, ENGLAND AND WALES
LONDON GOVERNMENT
Made 25th July 1995
Laid before Parliament 2nd August 1995
Coming into force 23rd August 1995
The Secretary of State, in exercise of the powers conferred on him by section 77 of the Local Government Act 1985f1, and of all other powers enabling him in that behalf, hereby makes the following Order:
Annotations to the whole text
Footnotes
- f1
-
1985 c. 51; section 77 was amended by Schedule 12 to the Local Government and Housing Act 1989 (c. 42), S.I. 1990/268, 1990/776 and 1993/616.
Contents
1Citation and commencement
This Order may be cited as the Local Government Reorganisation (Capital Money) (Greater London) (Amendment) Order 1995, and shall come into force on 23rd August 1995.
2Distribution of capital money
The Local Government Reorganisation (Capital Money) (Greater London) Order 1991f1 shall be amended—
in article 4, by the substitution of the following for paragraphs (2), (2A) and (3)—
“(2)During the financial year beginning on 1 April 1995, the Residuary Body shall pay to each billing authority the appropriate proportion of—
(a)so much of any capital money of the description specified in article 3(1)(b) above as was received by the Residuary Body between 30th November 1993 and 1st May 1995; and
(b)such capital money of the description specified in article 3(1)(c) as is held by the Residuary Body on the day the payments are made.
(3)In this article “the appropriate proportion” means—
(a)for the purposes of paragraphs (1) and (2)(a) above, the percentage specified in column (2) of the Schedule to this Order opposite the authority specified in column (1);
(b)for the purposes of paragraph (2)(b) above, the proportion which would apply to the billing authority in question if the payments made by virtue of that sub-paragraph were a distribution by the Residuary Body under section 77(4) of the 1985 Act.;”
by the substitution for the Schedule of the following Schedule—
“
SCHEDULE
(1) (2) Billing authority (London borough council unless otherwise stated) % Barking 2.099 Barnet 4.394 Bexley 3.171 Brent 3.572 Bromley 4.210 Camden 2.617 Croydon 4.663 Ealing 4.119 Enfield 3.776 Greenwich 3.099 Hackney 2.753 Hammersmith and Fulham 2.243 Haringey 3.056 Harrow 2.980 Havering 3.349 Hillingdon 3.456 Hounslow 2.979 Islington 2.531 Kensington and Chelsea 2.147 Kingston-upon-Thames 1.991 Lambeth 3.738 Lewisham 3.467 Merton 2.526 Newham 3.264 Redbridge 3.357 Richmond-upon-Thames 2.403 Southwark 3.309 Sutton 2.500 The Common Council of the City of London 0.057 Tower Hamlets 2.446 Waltham Forest 3.170 Wandsworth 3.832 Westminster City Council 2.726. ”
Signature
Signed by authority of the Secretary of State
David Curry
Minister of State,
Department of the Environment
25th July 1995
Explanatory note
(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 billing authorities in Greater London.
This Order further 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.