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Version Superseded: 27/07/1999
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Local Government Finance Act 1992, Section 56 is up to date with all changes known to be in force on or before 24 September 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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(1)If the Secretary of State decides under section 54 above to designate an authority he shall notify it in writing of—
(a)his decision;
(b)the principles determined under subsection (2) of that section in relation to it; and
(c)the amount which he proposes should be the maximum for the amount calculated by it as its budget requirement for the year.
(2)A designation—
(a)is invalid unless subsection (1) above is complied with; and
(b)shall be treated as made at the beginning of the day on which the authority receives a notification under that subsection.
(3)Where—
(a)an authority has been designated under this section; and
(b)after the designation is made the authority makes substitute calculations in relation to the year,
the substitute calculations shall be invalid unless they are made in accordance with section 60 or (as the case may be) section 61 below.
(4)Before the end of the period of 28 days beginning with the day it receives a notification under this section, an authority may inform the Secretary of State by notice in writing that—
(a)for reasons stated in the notice, it believes the maximum amount stated under subsection (1)(c) above should be such as the authority states in its notice; or
(b)it accepts the maximum amount stated under subsection (1)(c) above.
(5)References in the following provisions of this Chapter to a designated authority are to an authority designated under this section.
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