[Part 3 Payments to the Secretary of State in Respect of the Central Share]

[Part 3 Payments to the Secretary of State in Respect of the Central Share]

[Payments to the Secretary of State in respect of the central share

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(1)     This paragraph applies if a local government finance report for a year is approved by resolution of the House of Commons.

(2)     Each billing authority in England must make a payment for the year to the Secretary of State of an amount equal to the central share of the billing authority's non-domestic rating income for the year.

(3)     For the purposes of this paragraph, an authority's “non-domestic rating income†has the meaning given by regulations made by the Secretary of State.

(4)     The regulations

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