OpenLegislation

Paragraph 15 I1

(1)

If, having collected the levy in respect of a financial year, the adjudicator has a surplus, the adjudicator may repay some or all of it to pub-owning businesses.

(2)

In sub-paragraph (1), “surplus” means the money held by the adjudicator at the end of a financial year, less the liabilities shown in the adjudicator's statement of accounts for the year.

Annotations

Commencement

I1

Sch. 2 para. 15 in force at 30.4.2024 by S.S.I. 2024/113, reg. 2(c)