Resourcing. 8.1. Each Pool Member will provide the appropriate support and will act with integrity and consistency to support the intention set out in this Agreement. 8.2. £30,000 a year is allocated to the Lead Authority in recognition of the additional workload the administration of the Pool places on the Lead Authority, subject to an annual review. This allocation will be paid out of the Gross Retained Levy before any allocations are made. If there is no Gross Retained Levy in any year, the administration fee will be paid from balances within the Local Volatility Fund, pro-rata to the levels of balances held.
Appears in 2 contracts
Samples: Business Rate Pool Agreement, Business Rate Pool Agreement
Resourcing. 8.1. Each Pool Member will provide the appropriate support resources and will act with integrity and consistency to support the intention set out in this AgreementMemorandum of Understanding.
8.2. £30,000 a year 10,000 per annum is allocated to the Lead Authority in recognition of the additional workload the administration of the Pool pool places on the Lead Authority, subject to an annual reviewreview by Pool Members. This allocation will be paid out of the Gross first call on the Net Retained Levy before any allocations are made. If there is no Gross Retained Levy in any year, the administration fee will be paid from balances within the Local Volatility Fund, pro-rata to the levels of balances held.
Appears in 2 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding
Resourcing. 8.1. Each Pool Member will provide the appropriate support resources and will act with integrity and consistency to support the intention set out in this Agreement.
8.2. £30,000 a year is allocated to the Lead Authority in recognition of the additional workload the administration of the Pool pool places on the Lead Authority, subject to an annual review. This allocation will be paid out of the Gross Retained Levy before any allocations are made. If there is no Gross Retained Levy in any year, the administration fee will be paid from balances within the Local Volatility Fund, pro-rata to the levels of balances held.
Appears in 1 contract
Samples: Business Rate Pool Agreement