Section 84B — Local Government Finance Act 1988: Calculation of sums payable under amending reports.

Calculation of sums payable under amending reports. 84B 1 As soon as is reasonably practicable after an amending report made under section 84A above has been approved by resolution of the House of Commons, the Secretary of State shall calculate what sum, if any, falls to be paid to each receiving authority by way of revenue support grant for the financial year concerned in accordance with the basis of distribution specified in the local government finance report as amended by the amending report.

2 Subject to subsection (3) below, after making a calculation under subsection (1) above the Secretary of State may make one further calculation of what sum, if any, falls to be paid to each receiving authority by way of revenue support grant for the year in accordance with that basis of distribution.

3 A calculation may not be made under subsection (2) above after whichever is the later of—

a the end of the financial year following the financial year concerned, and b the end of the period of 3 months beginning with the day on which the amending report is approved by resolution of the House of Commons.

4 Subsections (4) to (7) of section 82 above apply in relation to calculations made under subsections (1) and (2) above as they apply in relation to calculations made under subsections (1) and (2) of that section.