Local Government (Financial Provisions) Act, 1997

Closing of Central Motor Tax Account and payment into the Fund of amounts of rate support grant.

8.—(1) In this section “rate support grant” means a grant made under section 9 of the Local Government (Financial Provisions) Act, 1978 , as inserted by section 46 of the Local Government Act, 1994 .

(2) The Minister shall cause the Central Motor Tax Account to be closed with effect from the commencement of section 3 and all balances remaining to the credit of that account immediately before such commencement to be paid into the Fund.

(3) A local authority shall pay into the Fund, on or before the date specified in that behalf in the direction concerned, such an amount of the rate support grant made to it in the local financial year which commenced on the 1st day of January, 1997, as is specified in a direction given by the Minister for the purposes of this subsection.