Part IIIFinancial Provisions
Chapter IIIEmergency Financial Assistance, Funds and Miscellaneous Matters
106The Authority’s general fund
1
Section 91 of the [1988 c. 41.] Local Government Finance Act 1988 (general funds) shall be amended as follows.
2
In subsection (1) (which specifies the relevant authorities) after paragraph (aa) there shall be inserted—
ab
the Greater London Authority,
3
In subsection (3) (general fund to be established on 1 April 1990, subject to subsection (3A)) for “subsection (3A)” there shall be substituted “subsections (3A) and (3C)”.
4
After subsection (3B) there shall be inserted—
3C
In the case of the Greater London Authority, the general fund must be established on a date specified in regulations.
5
In section 143 of the [1988 c. 41.] Local Government Finance Act 1988 (regulations and orders) in subsection (5) (exceptions from Parliamentary procedure) after “regulations under section 75” there shall be inserted “, 91(3C)”.