# The Police Act 1997 (Provisions in relation to the NCIS Service Authority) Order 1998, Article G24: Duty to set certain amounts aside as provision to meet credit liabilities


(1) Without prejudice to any other provision of this Part under which the Authority is required or authorised to set aside any amount as provision to meet credit liabilities, in each financial year the Authority shall, by virtue of this article, set aside, from such revenue account or accounts as the Authority thinks fit, as provision to meet credit liabilities, an amount determined by the Authority, being not less than the minimum revenue provision for that year referred to in Part II of Schedule 3 to this Order.
(2) Where the Authority receives any sum by way of grant from a Community insitution towards the Authority’s expenditure on capital purposes, it shall at the time the sum is received, set aside an amount equal to that sum as provision to meet credit liabilities.
(3) A determination under paragraph (1) above shall be made not later than 30th September in the financial year following that to which the determination relates.

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Source: https://www.legislation.gov.uk/uksi/1998/633/article/G24 (the official version)
Page: https://openlegislation.uk/police-act-1997-provisions-in-relation-to-the-ncis-service-authority-order-1998/article-G24
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.