§ Mr. Kaufman
I beg to move Amendment No. 10, in page 5, line 13, after 'authority', insert:'for the credit of the receiving authority's general rate fund.'.The purpose of the contributions from a sending authority to a receiving authority under Section 10 of the Housing Finance Act 1972 was to compensate 369 the receiving authority's rate fund for the contributions in respect of town development houses which it was required to make to its housing revenue account under that Act.
Clause 6 (6) provides for sending authorities which receive the transitional town development subsidy to continue to make payments of this kind to their receiving authorities.
This amendment makes it clear that the latter payments are for credit to the receiving authorities' general rate funds.
§ Amendment agreed to.