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Local Government Finance Act 1992

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Point in time view as at 05/12/2005.

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Local Government Finance Act 1992, Cross Heading: Supplemental is up to date with all changes known to be in force on or before 17 May 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

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[F1 SupplementalE+W

Textual Amendments

F1Chapter 4A (ss. 52A-52Z) inserted (27.7.1999 with effect as mentioned in s. 30(2) of the amending Act.) by 1999 c. 27, s. 30(1), Sch. 1 para. 1

52W Meaning of budget requirement.E+W

(1)Any reference in this Chapter to the amount calculated (or already calculated) by a major precepting authority other than the Greater London Authority as its budget requirement for a financial year is a reference to the amount calculated by it in relation to the year under section 43(4) above.

(2)Any reference in this Chapter to the amount calculated (or already calculated) by the Greater London Authority as its budget requirement for a financial year is a reference to the amount calculated by it in relation to the year under section [F285(8)] of the Greater London Authority Act 1999.

(3)Any reference in this Chapter to the amount calculated (or already calculated) by a billing authority as its budget requirement for a financial year is a reference to the amount calculated by it in relation to the year under section 32(4) above; but this is subject to section 52X below.

Textual Amendments

52X Calculations to be net of precepts.E+W

(1)The amount referred to in section 52W(3) above shall be taken to be the amount calculated as there mentioned less the aggregate amount for the year of any precepts which were (or could be) taken into account by the authority in making the calculation under section 32(2) above and which were (or could be)—

(a)issued to it by local precepting authorities, or

(b)anticipated by it in pursuance of regulations under section 41 above.

(2)Subsection (3) below applies where this Chapter refers to any of the following—

(a)the amount which the Secretary of State proposes should be the maximum for the amount calculated by a billing authority as its budget requirement for a financial year;

(b)the maximum amount which he proposes a billing authority could calculate as its budget requirement for a financial year without the amount calculated being excessive;

(c)the amount which the amount calculated by a billing authority as its budget requirement for a financial year is not to exceed;

(d)an amount which he proposes should be, or an amount which is to be, the notional amount calculated by a billing authority as its budget requirement for a financial year;

(e)the financial year as regards which he expects the amount calculated by a billing authority as its budget requirement for that year to be equal to or less than the target amount for that year.

(3)In such a case—

(a)a reference to the amount calculated is to the amount calculated without taking account of any precept which could be issued to the authority by a local precepting authority;

(b)a reference to the amount which an authority could calculate is to the amount which it could calculate without taking account of any such precept;

(c)a reference to the target amount is to the target amount calculated without taking account of any such precept.

(4)Subsection (1) above shall have effect subject to subsections (2) and (3) above.

(5)Subsection (1) above shall not apply for the purpose of construing section 52Y(1) below.

(6)The Secretary of State may by order provide that any of the provisions of subsections (1) to (3) above shall not apply for such purposes as are specified in the order.

(7)A statutory instrument containing such an order shall be subject to annulment in pursuance of a resolution of the House of Commons.

52Y Information for purposes of Chapter IVA.E+W

(1)An authority shall notify the Secretary of State in writing of any amount calculated by it as its budget requirement for a financial year, whether originally or by way of substitute.

(2)A billing authority shall also notify the Secretary of State in writing of the aggregate amount for any financial year of any precepts which were taken into account by it in making a calculation in relation to the year under section 32(2) above and which were—

(a)issued to it by local precepting authorities, or

(b)anticipated by it in pursuance of regulations under section 41 above.

(3)A notification under subsection (1) or (2) above must be given before the end of the period of seven days beginning with the day on which the calculation was made.

(4)The Secretary of State may serve on an authority a notice requiring it to supply to him such other information as is specified in the notice and required by him for the purpose of deciding whether to exercise his powers, and how to perform his functions, under this Chapter.

(5)The authority shall supply the information required if it is in its possession or control, and shall do so in such form and manner and at such time as the Secretary of State specifies in the notice.

(6)An authority may be required under subsection (4) above to supply information at the same time as it gives a notification under subsection (1) or (2) above or at some other time.

(7)If an authority fails to comply with subsection (1) or (2) above, or with subsection (5) above, the Secretary of State may decide whether to exercise his powers, and how to perform his functions, under this Chapter on the basis of such assumptions and estimates as he thinks fit.

(8)In deciding whether to exercise his powers, and how to perform his functions, under this Chapter the Secretary of State may also take into account any other information available to him, whatever its source and whether or not obtained under a provision contained in or made under this or any other Act.]

52Z Separate administration in England and Wales.E+W

(1)This Chapter shall apply separately to England and to Wales.

(2)In its application to Wales this Chapter shall have effect with the following modifications—

(a)for each reference to the Secretary of State there shall be substituted a reference to the National Assembly for Wales;

(b)in section 52C for each reference to a report there shall be substituted a reference to an order, subsection (3)(d) shall be omitted, and in subsection (4) for “approved by resolution of the House of Commons" there shall be substituted “made";

(c)sections 52F(7)(a), 52H(3)(a), 52K(2), 52Q(6)(a), 52S(3)(a), 52V(3) and 52X(7) shall be omitted;

(d)in sections 52I(5)(a) and 52T(7)(a) for “general fund" there shall be substituted “council fund".

(3)[F3Any power of the National Assembly for Wales under this Chapter to make an order shall be exercisable by statutory instrument.]

Textual Amendments

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