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Section 4 The distributable amount.I1C1

C2(1)

In Schedule 8 to the 1988 Act (non-domestic rating: pooling), paragraph 9 (distributable amount) shall have effect in relation to the financial years beginning in 1993 and 1994 as if—

(a)

in sub-paragraph (1)(a), after the word “year” there were inserted the words “ otherwise than under paragraph 2(1)(d) above ”; and

(b)

after sub-paragraph (3) there were inserted the following sub-paragraphs—

“(3A)

The F1Welsh Ministers shall also—

(a)

estimate the amount by which, if the Non-Domestic Rating Act 1992 had not been enacted, the amount calculated under sub-paragraph (3) above would have been greater than it is; and

(b)

add to the amount calculated under that sub-paragraph such amount as (having regard to that estimate) F2they consider appropriate.

(3B)

In making any estimate under sub-paragraph (3A) above the F3Welsh Ministers may make such assumptions as F4they think fit.”

(2)

The reference in sub-paragraph (4) of that paragraph to the amount arrived at under that paragraph shall be construed, in relation to those financial years, as a reference to the amount arrived at under sub-paragraph (3) read with sub-paragraph (3A) of that paragraph.

Annotations

Textual amendments

F1

Words in s. 4(1)(b) substituted (31.10.2012 and with effect in accordance with s. 5(3)) by Local Government Finance Act 2012 (c. 17), Sch. 3 para. 20(2)(a)

F2

Words in s. 4(1)(b) substituted (31.10.2012 and with effect in accordance with s. 5(3)) by Local Government Finance Act 2012 (c. 17), Sch. 3 para. 20(2)(b)

F3

Words in s. 4(1)(b) substituted (with effect in accordance with s. 5(3) of the amending Act) by Local Government Finance Act 2012 (c. 17), Sch. 3 para. 20(3)(a)

F4

Words in s. 4(1)(b) substituted (31.10.2012 and with effect in accordance with s. 5(3)) by Local Government Finance Act 2012 (c. 17), Sch. 3 para. 20(3)(b)

Modifications

C1

S. 4 modified (6.7.1993) by 1993 c. 17, s.2 (with s. 5(1)); S.I. 1993/1512, art.2

C2

S. 4(1) modified (24.2.1994) by 1994 c. 3, s. 3(2)

Commencement

I1

S. 4 wholly in force at 16.7.1992 see s. 10(2) and S.I. 1992/1642, art. 2