Regulation 10 Repayments by reference to the certified amount
This regulation applies where, at the time the Secretary of State makes the calculation required by sub-paragraph (12) of paragraph 5 of Schedule 8 to the Act, a payment has been made under sub-paragraph (9) or (10) of that paragraph in relation to the amount notified under sub-paragraph (6)(b) of that paragraph ( “the notified amount”)f1 .
Where this regulation applies—
if the certified amount exceeds the notified amount, the billing authority shall pay an amount equal to the difference to the Secretary of State within 14 days of the date on which the billing authority is notified by the Secretary of State of that amount; and
if the certified amount is less than the notified amount, the Secretary of State shall pay an amount equal to the difference to the billing authority.
In this regulation “certified amount” has the same meaning as in sub-paragraph (11) of paragraph 5 of Schedule 8 to the Act.
Annotations
Footnotes
- f1
-
Sub-paragraph (9) of paragraph 5 of Schedule 8 to the Act was amended, and sub-paragraphs (10) and (12) of paragraph 5 of that Schedule were inserted, by the Local Government Finance Act 1992, Schedule 10, paragraph 6.