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The Local Authorities (Funds) (England) Regulations 1992

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  1. Introductory Text

  2. 1.Citation, commencement and extent

  3. 2.Interpretation

  4. 3.Discharge of a billing authority’s liabilities

  5. 4.Schedules of instalments

  6. 5.Information on schedules of instalments

  7. 6.Amendment of schedules of instalments

  8. 7.Interest on amount of instalments

  9. 8.Calculation of interest on amount of instalments

  10. 9.Calculations under section 32(4) of the 1992 Act

  11. 10.Estimation of surpluses and deficits

  12. 11.Apportionment of and liability for surpluses and deficits

  13. 12.Discharge of a relevant major precepting authority’s liabilities

  14. 13.Holdings and investments

  15. 14.The 1989 Regulations

  16. Signature

    1. SCHEDULE I

      RULES FOR DETERMINATION OF SCHEDULES OF INSTALMENTS

      1. PART I PRINCIPAL AUTHORITIES

        1. 1.(1) Subject to sub-paragraph (2), the schedule of instalments shall...

        2. 2.(1) The schedule of instalments shall be determined so as...

        3. 3.The schedule of instalments shall be determined so as to...

        4. 4.(1) The schedule of instalments shall be determined so as...

        5. 5.(1) This paragraph applies where a billing authority determines its...

      2. PART II RELEVANT LOCAL PRECEPTING AUTHORITIES

        1. 6.A schedule of instalments so far as it relates to...

        2. 7.The schedule of instalments shall be determined so as to...

        3. 8.(1) Paragraph 9 shall apply in relation to a relevant...

        4. 9.(1) In a case to which this paragraph applies, the...

        5. 10.(1) In a case to which this paragraph applies, the...

        6. 11.The schedule of instalments shall be determined so as to...

    2. SCHEDULE 2

      RULES FOR ESTIMATION AND APPORTIONMENT OF SURPLUSES AND DEFICITS

      1. PART I ESTIMATION OF SURPLUSES AND DEFICITS

        1. 1.(1) A billing authority shall as regards the financial year...

        2. 2.(1) A billing authority shall as regards each financial year...

        3. 3.In this Part— “community charge benefits” means the benefits referred...

        4. 4.In this Part— (a) any reference to accounts being made...

        5. 5.In paragraph 2(3)(c) and (4)(c) of this Part any reference...

      2. PART II APPORTIONMENT OF SURPLUSES AND DEFICITS

        1. 6.(1) A billing authority shall calculate in accordance with this...

    3. SCHEDULE 3

      PRESCRIBED INVESTMENTS

      1. The investments prescribed in this Schedule are—

  18. Explanatory Note

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