- Latest available (Revised)
- Original (As enacted)
This is the original version (as it was originally enacted). This item of legislation is currently only available in its original format.
(1)If it appears to the Minister that, after the time when the amount mentioned in paragraph (a) of subsection (2) of section 1 of this Act was determined for any year, an unforeseen increase has taken place in the level of prices, costs and remuneration and that the effect of the increase on the relevant expenditure of local authorities for that year is substantial, he may at any time redetermine for that year the amount mentioned in that paragraph and the portion mentioned in paragraph (b) of that subsection and, by an order made in the like manner and subject to the like provisions as a rate support grant order, increase the amounts fixed by the relevant rate support grant order as the aggregate amounts of the rate support grants and any elements of the grants for that year.
(2)The provisions of subsection (3) of section 1 and subsection (2) of section 2 of this Act relating to consultation and to a report of the considerations leading to a determination under the said section 1 shall apply to a redetermination under this section as they apply to a determination under that section.
(3)In deciding whether to exercise his power under subsection (1) of this section and in redetermining in the exercise of that power the amount and the portion there mentioned, the Minister shall have regard only to the extent by which the said amount and portion are insufficient by reason of the unforeseen increase aforesaid.
(4)An order made under subsection (1) of this section with respect to any year may, as respects that year, vary the matters prescribed by the relevant rate support grant order.
(5)In this section " relevant expenditure " has the same meaning as in section 1 of this Act.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: