Explanatory note

Section 13 of the London Regional Transport Act 1984 provides that the Secretary of State may, in respect of any year, make a levy on the rating authorities for all the rating areas in Greater London to recover a contribution from Greater London ratepayers towards his estimated expenditure in that year on grants to London Regional Transport, and for the purpose of raising the levy the Secretary of State may issue a demand for payments to the rating authorities. Such a demand shall require the rating authorities to levy as part, or as an additional item of the rate, a rate of an amount in the pound specified by Order in respect of the year to which the demand relates.

Section 14 of that Act applied certain provisions of the General Rate Act 1967 to such levies.

Section 127(1) of the Local Government Finance Act 1988 prohibits the making of any levy in respect of any time after 31st March 1990 and section 149 of, and Part III of Schedule 13 to, that Act repeals sections 13 and 14 of the London Regional Transport Act 1984 but subject to the continuance in force of section 14 in relation to levies made before that date. This Order modifies the provisions of the Act of 1967, as applied by section 14 and so continued in force, to take account of the abolition of the powers of section 13 to make such levies. Outstanding balances on account of levies made before April 1990 are to be settled not later than 31st March 1991.