Section 5 | Local retention of non-domestic rates: further amendments

(1)Schedule 3 (local retention of non-domestic rates: further amendments) has effect.

(2)In that Schedule—

(a)Part 1 amends Schedule 8 to the LGFA 1988 so that it applies in relation to Wales only (and makes some related amendments), and

(b)Part 2 contains other amendments.

(3)The amendments made by that Schedule have effect for the financial year beginning with 1 April 2013 and subsequent financial years.

(4)But the Secretary of State may by order made by statutory instrument amend subsection (3) by substituting a later financial year.