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CHAPTER II |
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GRANTS AND REDISTRIBUTED NON-DOMESTIC RATES |
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Grants |
| General GLA grant. |
85. - (1) For each financial year, the Secretary of State shall pay a grant (to be called "general GLA grant") to the Authority.
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(2) The grant shall be paid for the purposes of the Authority and the functional bodies.
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(3) For each financial year the Secretary of State shall make a determination under this section.
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(4) A determination shall state the amount of the grant for the year.
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(5) Before making a determination, the Secretary of State shall consult the Mayor.
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(6) The grant shall be paid in such instalments or such amounts and at such times as the Secretary of State may, with the Treasury's consent, determine.
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| GLA transport grant. |
86. - (1) For each financial year, the Secretary of State shall pay a grant (to be called "GLA transport grant") to the Authority.
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(2) The grant shall be paid for the purposes of Transport for London.
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(3) For each financial year the Secretary of State, after consultation with the Mayor, shall make a determination stating the amount of the grant for the year.
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(4) The grant shall be paid in such instalments or such amounts and at such times as the Secretary of State may, with the Treasury's consent, determine.
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(5) The amount of the grant, or any terms relating to payment of the grant, may be varied from time to time by the Secretary of State after consultation with the Mayor.
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Distribution of grants etc. |
| Mayor's duty to distribute certain grants etc between Authority and functional bodies. |
87. - (1) For each financial year, it shall be the duty of the Authority to pay to each functional body, out of the aggregate specified in subsection (2) below, the amount required by the body out of that aggregate in accordance with the calculations (or last calculations) under section 70(4) to (7) of this Act.
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(2) The aggregate mentioned in subsection (1) above is the aggregate of the sums received by the Authority for the financial year in respect of-
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(a) revenue support grant; |
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(c) relevant special grant; |
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(e) redistributed non-domestic rates; |
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(f) any precept issued by the Authority; and |
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(g) payments to the Authority by billing authorities in accordance with regulations under section 99(3) of the Local Government Finance Act 1988. |
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(3) The payments required by subsection (1) above shall be made by instalments during the financial year in question.
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(4) If an overpayment is made to a functional body in respect of the sums payable to it by virtue of this section, the functional body shall, in accordance with any directions given to it for the purpose by the Mayor, make at such times and in such manner as may be specified in the directions such payments to the Authority by way of repayment as may be so specified.
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(5) In this section "relevant special grant" has the meaning given by section 32(12) of the Local Government Finance Act 1992.
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| Authority's duty to account to functional bodies for their grants. |
88. - (1) Where the Authority receives any grant or other payment made only for the purposes, or particular purposes, of a functional body, the Authority shall forthwith account for the grant or other payment to the functional body concerned and pay it over to that body.
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(2) Subsection (1) above does not apply in relation to any sum received in respect of an item which falls within any of the paragraphs of subsection (2) of section 87 above.
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CHAPTER III |
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EMERGENCY FINANCIAL ASSISTANCE, FUNDS AND MISCELLANEOUS MATTERS |
| Emergency financial assistance. |
89. - (1) Section 155 of the Local Government and Housing Act 1989 (emergency financial assistance to local authorities) shall be amended as follows.
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(2) After subsection (1) (local authority incurring expenditure as result of emergency or disaster) there shall be inserted-
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"(1A) Expenditure incurred as mentioned in subsection (1) above by-
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(a) the London Fire and Emergency Planning Authority, |
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(b) the Metropolitan Police Authority, or |
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(c) Transport for London, in respect of places or areas within Greater London, |
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shall be treated for the purposes of this section as expenditure so incurred by the Greater London Authority (and, accordingly, as so incurred by a local authority).
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(1B) To the extent that any financial assistance given to the Greater London Authority under this section is referable to expenditure incurred by a body mentioned in paragraph (a), (b) or (c) of subsection (1A) above, the financial assistance shall be treated for the purposes of section 88 of the Greater London Authority Act 1999 as a payment made to the Greater London Authority for the purposes of that body."
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(3) In subsection (4) (local authorities in England and Wales to which the section applies)-
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(a) after paragraph (b) there shall be inserted- |
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"(bb) the Greater London Authority;"; |
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(b) at the end of paragraph (eb) there shall be inserted "or"; and |
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(c) paragraph (f) (Receiver for the Metropolitan Police District) shall cease to have effect. |
| The Authority's general fund. |
90. - (1) Section 91 of the Local Government Finance Act 1988 (general funds) shall be amended as follows.
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(2) In subsection (1) (which specifies the relevant authorities) after paragraph (aa) there shall be inserted-
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"(ab) the Greater London Authority,". |
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(3) In subsection (3) (general fund to be established on 1 April 1990, subject to subsection (3A)) for "subsection (3A)" there shall be substituted "subsections (3A) and (3C)".
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(4) After subsection (3B) there shall be inserted-
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"(3C) In the case of the Greater London Authority, the general fund must be established on a date specified in regulations."
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(5) In section 143 of the Local Government Finance Act 1988 (regulations and orders) in subsection (5) (exceptions from Parliamentary procedure) after "regulations under section 75" there shall be inserted ", 91(3C)".
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