89 Housing Revenue Account subsidy: payment and calculation
Local Government Act 2003 (2003 c 26) | Legislation

89  Housing Revenue Account subsidy: payment and calculation

(1)     For section 79(2) of the Local Government and Housing Act 1989 (payment of Housing Revenue Account subsidy) there is substituted—

“(2)     Housing Revenue Account subsidy shall be paid by the appropriate person—

(a)     in such instalments, at such times and in such manner, and

(b)     subject to such conditions as to claims, records, certificates, supply of Housing Revenue Account business plans, audit or otherwise,

as the appropriate person may determine.”

(2)     In section 80 of that Act (calculation of Housing Revenue Account subsidy), for subsection (1) (subsidy to be calculated in accordance with formulae) there is substituted—

“(1)     The amount of Housing Revenue Account subsidy (if any) payable to a local housing authority for a year shall be calculated in such manner as the appropriate person may from time to time determine.

(1A)     A determination under subsection (1) above

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