Approval period for instrument under paragraph 5(3) of Schedule 7 to the Local Government Finance Act 1988 ends
A step of type Business step.
Made affirmatives laid under the Local Government Finance Act 1988 must be approved by resolution of the House of Commons before the approval by that House of the local government finance report for the year or before 1 March in the preceding financial year (whichever is earlier).
Librarian notes
Scope note: Government must lay an order stating the non-domestic rates for the year. The procedure is slightly different to the normal made affirmative procedure, this step sets out the end of the approval period. The clock period does not follow the usual 28/40 day count rules, instead the end date is based on the approval of the Local Government Finance (England) report or before the 1st March, whichever is first.
Link note: No link
Date note: Actualise initially with 28/29 February. If the Local Govt Finance Report is approved before this date we would actualise retrospectively.