Part III Funds
Local Government Finance Act 1992 (1992 c 14) | Legislation

Part III Funds

19

In subsection (1) of section 89 of the 1988 Act (collection funds), for the words “charging authority†there shall be substituted the words “billing authorityâ€.

20

For section 90 of the 1988 Act there shall be substituted the following section—

“90 Payments to and from collection funds

(1)     The following shall be paid into the collection fund of a billing authority—

(a)     sums received by the authority in respect of council tax set by it in accordance with section 30 of the Local Government Finance Act 1992 (but not sums received by way of penalty),

(b)     sums received by the authority from any major precepting authority under regulations made under section 99(3) below,

(c)     sums received by the authority in respect of any non-domestic rate under this Act,

(d)     sums received by the authority under paragraph 5(10) or (14) of Schedule 8 below or regulations made under paragraph 5(15) or 6(5) of that Schedule, and

(e)     any other sums which the Secretary of State specifies are to be paid into a billing authority's collection fund.

(2)     The following payments shall be met from the collection fund of a billing authority—

(a)     payments

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