Section 71(3)
Subject to any maximum specified in or determined in accordance with any regulations under that section 74, the amount of the levies issued by a National Park authority in respect of any financial year shall be equal to the sum by which the aggregate of the amounts specified in subsection (4) below is exceeded by the aggregate of the sums which it estimates it will require in respect of that year for the following purposes, that is to say— meeting the expenditure of the authority which will fall to be charged for that year to any revenue account; making such provision as may be appropriate for meeting contingencies the expenditure on which would fall to be so charged; securing the availability to the authority of adequate working balances on its revenue accounts; and providing the authority with the funds required for covering any deficit carried forward from a previous financial year in any revenue account.
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Source: legislation.gov.uk · retrieved 2026-07-30