Statutory Instrument 1995 No. 1974
The Local Government Reorganisation (Capital Money) (Greater London) (Amendment) Order 1995
(The document as of February, 2008)
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STATUTORY INSTRUMENTS
1995 No. 1974
LOCAL GOVERNMENT, ENGLAND AND WALES
LONDON GOVERNMENT
The Local Government Reorganisation (Capital Money) (Greater London) (Amendment) Order 1995
| Laid before Parliament | 2nd August 1995 |
| Coming into force | 23rd August 1995 |
The Secretary of State, in exercise of the powers conferred on him by section 77 of the Local Government Act 1985[1], and of all other powers enabling him in that behalf, hereby makes the following Order:
Citation and commencement
1. This Order may be cited as the Local Government Reorganisation (Capital Money) (Greater London) (Amendment) Order 1995, and shall come into force on 23rd August 1995.
Distribution of capital money
2. The Local Government Reorganisation (Capital Money) (Greater London) Order 1991[2] shall be amended— (a) in article 4, by the substitution of the following for paragraphs (2), (2A) and (3)—" (2) During the financial year beginning on 1 April 1995, 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 was received by the Residuary Body between 30th November 1993 and 1st May 1995; and
(b) such capital money of the description specified in article 3(1)(c) as is held by the Residuary Body on the day the payments are made.
(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.;"
(b) by the substitution for the Schedule of the following Schedule—
SCHEDULE
| (1) | (2) |
|---|
| Billing authority (London borough council unless otherwise stated) | % |
|---|
| Barking | 2.099 |
| Barnet | 4.394 |
| Bexley | 3.171 |
| Brent | 3.572 |
| Bromley | 4.210 |
| Camden | 2.617 |
| Croydon | 4.663 |
| Ealing | 4.119 |
| Enfield | 3.776 |
| Greenwich | 3.099 |
| Hackney | 2.753 |
| Hammersmith and Fulham | 2.243 |
| Haringey | 3.056 |
| Harrow | 2.980 |
| Havering | 3.349 |
| Hillingdon | 3.456 |
| Hounslow | 2.979 |
| Islington | 2.531 |
| Kensington and Chelsea | 2.147 |
| Kingston-upon-Thames | 1.991 |
| Lambeth | 3.738 |
| Lewisham | 3.467 |
| Merton | 2.526 |
| Newham | 3.264 |
| Redbridge | 3.357 |
| Richmond-upon-Thames | 2.403 |
| Southwark | 3.309 |
| Sutton | 2.500 |
| The Common Council of the City of London | 0.057 |
| Tower Hamlets | 2.446 |
| Waltham Forest | 3.170 |
| Wandsworth | 3.832 |
| Westminster City Council | 2.726. |
Signed by authority of the Secretary of State
David Curry
Minister of State, Department of the Environment
25th July 1995
EXPLANATORY NOTE
(This note is not part of the Order)The Local Government Reorganisation (Capital Money) (Greater London) Order 1991 specifies money received by the London Residuary Body as capital money for the purposes of section 77 of the Local Government Act 1985 and provides for the distribution of some of it by the London Residuary Body to billing authorities in Greater London.
This Order further amends the 1991 Order by providing for a further distribution of capital money in accordance with specified proportions and by substituting new percentages for those specified in the Schedule to the 1991 Order.
ISBN 0 11 053264 3
Notes:[1] 1985 c. 51; section 77 was amended by Schedule 12 to the Local Government and Housing Act 1989 (c. 42), S.I. 1990/268, 1990/776 and 1993/616.
[2] S.I. 1991/439; relevant amending instruments are S.I. 1993/2878, 1994/580.
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