# The London Government Reorganisation (Mortgages) Order 1988, Article 11: Consequential administrative arrangements


(1) On or before 31st December 1988 and 31st October in any later year, Richmond shall notify each of the other local housing authorities in London of its estimate of —
(a) the amount to be paid to that authority in the current and next succeeding financial years in accordance with article 7(1) of this Order, identifying the amount which reflects the authority’s share of the appropriate capital sum; and
(b) the amount which, in accordance with article 8, is to be treated as included in the authority’s net capital receipts for those years.
(2) On or before 30th June in each financial year commencing with the financial year beginning 1st April 1989, Richmond shall notify each authority of the amounts determined for the preceding financial year in accordance with articles 7 and 8.
(3) When Richmond send a notification under paragraph (1) or (2) to another authority they shall send a copy to the Secretary of State.
(4) Richmond shall —
(a) on or before the relevant date mentioned in paragraph (1) provide the Secretary of State with an estimate of the amounts they anticipate —
(i) they will retain in accordance with article 7(1) by way of capital and revenue sums; and shall identify the amounts which reflect their share of the appropriate capital sum; and
(ii) will be treated, in accordance with article 8(1), as included in their net capital receipts for those years; and
(b) on or before the date mentioned in paragraph (2) notify the Secretary of State of the amounts —
(i) retained by them in the preceding financial year in accordance with article 7(1); and
(ii) included in their net capital receipts for that year in accordance with article 8(1).

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Source: https://www.legislation.gov.uk/uksi/1988/1747/article/11 (the official version)
Page: https://openlegislation.uk/london-government-reorganisation-mortgages-order-1988/article-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.