PART 2 Rates Retention

5 Amendment of regulation 5
In regulation 5 (payments by billing authorities to major precepting authorities in respect of share of income)—
(a) in paragraph (3) after “paragraph (3A)” insert “, (3B) or (3C)”;
(b) in paragraph (3A) omit sub-paragraph (a); and
(c) after paragraph (3A) insert—

“3B For the relevant year commencing on 1st April 2017 and a relevant year commencing on or after 1st April 2019, the relevant precepting authority share for the Greater London Authority is 37%.
3C For the relevant year commencing on 1st April 2018, the relevant precepting authority shares are—
(a) 36% where the relevant precepting authority is the Greater London Authority;
(b) 49% where the relevant precepting authority is Derbyshire County Council;
(c) 59% where the relevant precepting authority is Devon County Council;
(d) 50% where the relevant precepting authority is Gloucestershire County Council;
(e) 59% where the relevant precepting authority is Kent County Council;
(f) 40% where the relevant precepting authority is Lincolnshire County Council;
(g) 20% where the relevant precepting authority is Suffolk County Council; and
(h) 70% where the relevant precepting authority is Surrey County Council.”

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