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The Collection Fund (Wales) Regulations 1989
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7.—(1) At least one third of the amount of a charging authority’s liability to a relevant community council for a financial year shall become payable to the council concerned on or before—
(a)the last working day of April in that year, or
(b)the last working day of the month following the month in which a precept for that year was issued by that council, whichever is the later.
(2) At least two thirds of that amount shall become payable to that council on or before—
(a)the last working day of August in that year, or
(b)the last working day of the fifth month following the month in which a precept for that year was issued by that council, whichever is the later.
(3) The remainder of that amount shall become payable to that council on or before—
(a)the last working day of December in that year, or
(b)the last working day of the ninth month following the month in which a precept for that year was issued by that council, whichever is the later.
(4) References in this paragraph to a precept for a year are references to the last such precept issued by that council.
(5) Sub-paragraphs (1) to (4) shall not apply to the discharge of a charging authority’s liabilities to its relevant community councils for a financial year in relation to which it determines a schedule of instalments in accordance with paragraph 8.
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