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The West Yorkshire Residuary Body (Winding Up) Order 1991
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- UK Statutory Instruments
- 1991 No. 517
- Article 4
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Apportionment
4.—(1) All sums received by Wakefield, Leeds or Bradford in consequence of the transfer by article 2 of any property or rights shall, after deduction of any relevant expenditure, be apportioned among the local councils in the appropriate proportions; and Wakefield, Leeds or Bradford, as the case may be, shall not later than the end of the financial year in which such sums are received, pay the appropriate proportion to each of the other local councils and shall retain the balance.
(2) If in any financial year the aggregate in that year of the sums referred to in paragraph (1) is insufficient to meet any relevant expenditure for that year, that excess expenditure shall be apportioned among the local councils in the appropriate proportions; and the appropriate proportion shall be recoverable by Wakefield, Leeds or Bradford, as the case may be, from each of the other local councils.
(3) In this article, “relevant expenditure” means expenditure attributable to this Order.
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