Local Government Finance Act 2012

4General GLA grantE+W

This section has no associated Explanatory Notes

(1)Section 100 of the Greater London Authority Act 1999 (general GLA grant) is amended as follows.

(2)For subsection (1) (duty to pay general GLA grant to Greater London Authority for each financial year) substitute—

(1)The Secretary of State may pay a grant (to be called “general GLA grant”) to the Authority for a financial year.

(3)In subsection (3) (duty to make determination about general GLA grant for each financial year), after “year” insert “ for which general GLA grant is to be paid ”.

(4)The amendments made by this section have effect in relation to the financial year beginning with 1 April 2013 and subsequent financial years.

(5)But the Secretary of State may by order made by statutory instrument amend subsection (4) by substituting a later financial year.