185 London Residuary Body: financial provisions
Education Reform Act 1988 (1988 c 40) | Legislation

185  London Residuary Body: financial provisions

(1)     The London Residuary Body may in respect of any financial year beginning on or after the abolition date make levies on the rating authorities in inner London to meet all liabilities falling by virtue of this Part to be discharged by it for which provision is not otherwise made.

(2)     The amount to be levied by that body in respect of any financial year from each such authority shall be determined by apportioning the total amount to be levied by that body under this section in respect of that year between those authorities in proportion to the population of their respective areas.

(3)     For the purposes of subsection (2) above the population of any area shall be taken to be—

(a)     in relation to any financial year in respect of which the London Residuary Body makes any levy under section 74 of the 1985 Act, the number applicable by virtue of subsection (2) of that section; and

(b)     in relation to any other financial year, the number estimated by the

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