Regulation 10A Reconciliation of grant payment amountsF1
This regulation applies in relation to a relevant year beginning on or after 1st April 2026.
Where the amount certified under regulation 9, as the amount specified by regulation 7B(2A), is different from the amount estimated for the purposes of regulation 3—
if the certified amount is less than the estimated amount—
the Tees Valley Combined Authority must pay an amount equal to the difference to Redcar and Cleveland Borough Council; and
Redcar and Cleveland Borough Council must transfer an amount equal to the difference from its general fund to its collection fund;
if the certified amount is more than the estimated amount—
Redcar and Cleveland Borough Council must pay an amount equal to the difference to the Tees Valley Combined Authority; and
Redcar and Cleveland Borough Council must transfer an amount equal to the difference from its collection fund to its general fund.
Where the amount certified under regulation 9, as the amount specified under paragraph 2 of Schedule 2, is different from the amount estimated for the purposes of regulation 3—
if the certified amount is less than the estimated amount the billing authority must transfer an amount equal to the difference from its general fund to its collection fund;
if the certified amount is more than the estimated amount the billing authority must transfer an amount equal to the difference from its collection fund to its general fund.
Where the amount included in the calculation of the certified non-domestic rating income in paragraph 1(1B)(a) of Schedule 1 is different to the amount estimated for the purposes of regulation 3, and that difference does not relate to the circumstances mentioned in paragraphs (2) or (3)—
if the certified amount is less than the estimated amount the billing authority must transfer an amount equal to the difference from its general fund to its collection fund;
if the certified amount is more than the estimated amount, the billing authority must transfer an amount equal to the difference from its collection fund to its general fund.
Where the amount certified under regulation 9, as the amount specified by paragraph 2 of Schedule 2B (calculations for Port of Bristol) is different to the amount estimated for the purposes of regulation 3—
if the certified amount is less than the estimated amount the billing authority must transfer an amount equal to the difference from its general fund to its collection fund;
if the certified amount is more than the estimated amount the billing authority must transfer an amount equal to the difference from its collection fund to its general fund.