Vocational Education (Amendment) Act, 1950
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Amendment of section 43 of, and the Third Schedule to, the Principal Act. |
2.—(1) The following three subsections shall be inserted in section 43 of the Principal Act in lieu of subsections (1) and (2)— | |
“(1) There shall be paid, in every local financial year commencing on or after the 1st day of April, 1951, by the rating authority for a vocational education area to the vocational education committee for such area such sum (in this Act referred to as the annual local contribution) as may be demanded by such committee under this Part of this Act in respect of such year. | ||
(2) The amount of the annual local contribution payable to a vocational education committee in respect of any particular local financial year shall not be less than a sum (in this Part of this Act referred to as the minimum annual liability) equal,— | ||
(a) where the rating authority is the council of a county borough or of a scheduled urban district, to the amount of a rate of three pence in the pound on the rateable value of the area of charge at the commencement of the immediately preceding local financial year, or | ||
(b) where the rating authority is the council of a county, other than the county of Cork, to the amount of a rate of one penny three farthings in the pound on the rateable value of the area of charge at the commencement of the immediately preceding local financial year, or | ||
(c) where the rating authority is the council of the county of Cork, to the amount of a rate of two pence in the pound on the rateable value of the area of charge at the commencement of the immediately preceding local financial year. | ||
(2A) The amount of the annual local contribution payable by the rating authority to a vocational education committee mentioned in column (2) of the Third Schedule to this Act at a particular reference number in respect of a local financial year commencing on or after the 1st day of April, 1951, shall not exceed a sum (in this Act referred to as the maximum annual liability) equal to a rate of the number of pence in the pound specified at that reference number in, if such year is the local financial year commencing on the 1st day of April, 1951, column (3) of the said Schedule or, if such year is a subsequent local financial year, column (4) of the said Schedule on the rateable value of the area of charge at the commencement of the immediately preceding local financial year.” | ||
(2) There shall be inserted in the Principal Act, as the Third Schedule thereto, the particulars set out in the First Schedule to this Act. | ||
(3) Subsections (1) and (2) of this section shall be deemed to have come into operation on, and shall have effect as on and from, the 1st day of November, 1950. |