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2. In these Regulations—
“the Act” means the Local Government Finance Act 1988;
“charging authority” means a Welsh charging authority;
“the county precepting authority”, in relation to a charging authority, means the county council which has power to issue a precept to that charging authority;
“liabilities” means—
the liability of a charging authority to pay anything from its collection fund in respect of any precept issued under the Act, after taking into account any amount credited against that liability under section 71(6) of the Act, and
the liability of such an authority to transfer anything from its collection fund under section 97 of the Act;
“relevant community council”, in relation to a charging authority, means a community council which has power to issue a precept to that charging authority;
“relevant precepting authority”, in relation to a charging authority, means the county precepting authority, and each relevant community council;
“relevant principal authority”, in relation to a charging authority, means the county precepting authority and that charging authority;
“schedule of instalments” means a schedule prepared by a charging authority with respect to the times for and the number and amounts of payments or transfers from its collection fund in respect of its liabilities.
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