Local Government Finance Act 1982

7 Interpretation and commencement of Part I

(1) In this Part of this Act—

• " financial year " means a period of twelve months beginning with 1st April;

• " gross rateable value ", in relation to a rating or precepting authority, means the aggregate of the rateable values of the hereditaments in the authority's area;

• " precepting authority " means an authority having power to issue a precept either to a rating authority or to a county council;

• " rate " means a general rate except that—

  (a)

  in the case of the City of London, it includes the poor rate; and

  (b)

  in the case of the Inner Temple and the Middle Temple, it means any rate in the nature of a general rate levied in the Inner Temple or the Middle Temple, as the case may be ;

• " rating authority " means any authority having power to make a rate under section 1 of the [1967 c. 9.] General Rate Act 1967;

• " supplementary precept" means a precept which is issued by a precepting authority—

  (a)

  in respect of (or of part of) a financial year in respect of which it has already issued a precept; and

  (b)

  by way of addition to and not in substitution for that previous precept.

(2) Sections 1 to 3 and 6(1) and (3) above have effect in relation to any financial year beginning on or after 1st April 1982.

(3) Schedule 1 to this Act shall have effect in connection with the coming into force of sections 1 and 2 above.