The Local Government Reorganisation (Capital Money) (Greater London) (Amendment) Order 1993

• Citation: S.I. 1993/2878
• Sections: 3

Section 1

This Order may be cited as the Local Government Reorganisation (Capital Money) (Greater London) (Amendment) Order 1993 and shall come into force on 22nd December 1993.

Section 2

The Local Government Reorganisation (Capital Money) (Greater London) Order 1991 shall be amended—

(a) in article 2, by the insertion, after the definition of “the 1990 Order”, of the following definition—

“billing authority” means a billing authority in Greater London

and by the deletion of the definition of “charging authority”;

(b) in article 4, by the substitution—

(i) in paragraph (1), of the words “billing authority” for the words “charging authority” and of the words “appropriate proportion” for the words “appropriate percentage”; and

(ii) of the following paragraphs for paragraph (2)—

(2) On or before 31st December 1993, the Residuary Body shall pay to each billing authority the appropriate proportion of—

(a) so much of any capital money of the description specified in article 3(1)(b) above as is received by the Residuary Body before 30th November 1993; and

(b) £10 million of capital money of the description specified in article 3(1)(c) above.

(3) In this article, “the appropriate proportion” means—

(a) for the purposes of paragraphs (1) and (2)(a) above, the percentage specified in column (2) of the Schedule to this Order opposite the authority specified in column (1);

(b) for the purposes of paragraph (2)(b) above, the proportion which would apply to the billing authority in question if the payments made by virtue of that sub-paragraph were a distribution by the Residuary Body under section 77(4) of the 1985 Act.

(c) by the substitution for the Schedule of the following Schedule—

DISTRIBUTION OF CAPITAL MONEY

Section 3

Nothing in this Order shall have effect in relation to a financial year beginning before 1st April 1993.