Section 108 | Payments to local authorities by Secretary of State.

(1)The Secretary of State may, in respect of the financial year 1993-94 and each subsequent financial year—

(a)make grants, (to be known as “revenue support grants”) to local authorities; and

(b)distribute among local authorities the money recovered by way of non-domestic rates (“non-domestic-rate income”) in that financial year.

(2)Schedule 12 to this Act has effect in relation to revenue support grant and the recovery and distribution of non-domestic rate income.