83London rate equalisation schemes
(1)In section 66(2) of the London Government Act 1963 (schemes for equalisation of rates by the making of contributions by rating authorities in Greater London to other such authorities) for the words after " to other such authorities " there shall be substituted the words " either directly or in such other manner as the scheme may provide ; and in determining the amount of a rating authority's contribution the Minister may have regard to any expenditure which that authority incurs in carrying out functions for the benefit of some or all of the other rating authorities. "
(2)After section 63 of the [1980 c. 65.] Local Government, Planning and Land Act 1980 there shall be inserted—
“63AAdjustment of block grant for rates equalisation contribution.
(1)Where in any year a local authority is entitled to receive a contribution under a scheme made by virtue of section 66 of the London Government Act 1963 (equalisation of rates) the amount of any block grant payable to the authority for that year shall, if the Secretary of State so determines, be reduced by an amount equal to that contribution or by such lesser amount as he may determine.
(2)Subsection (5) of section 61 above shall not apply to any exercise of the power conferred by subsection (3) of that section in respect of a determination under this section.”
(3)This section has effect in relation to any financial year beginning on or after the abolition date.