Part IIIFinancial Provisions

Chapter IIIEmergency Financial Assistance, Funds and Miscellaneous Matters

105Component budgets: anticipation of certain levies

1

Section 74 of the [1988 c. 41.] Local Government Finance Act 1988 (levies) shall be amended as follows.

2

In subsection (4) (which enables regulations to include provision permitting anticipation of levies under the section in the making of certain calculations) after paragraph (b) there shall be inserted—

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that the Greater London Authority in making calculations in accordance with sections 85 and 86 of the Greater London Authority Act 1999 (originally or by way of substitute) in the case of any constituent body (within the meaning of those sections), except the Metropolitan Police Authority (for which separate provision is made), may anticipate a levy;