PART 2Rates Retention

Amendment of regulation 55

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.