Introductory text

This Order is made in exercise of the powers conferred by section 52F(4) and (7) of the Local Government Finance Act 1992^f1.

The First Secretary of State, pursuant to section 52D(2)(a) of that Act, designated each of the authorities listed in the Schedule to this Order as regards the financial year beginning in 2005.

The First Secretary of State notified each of those authorities in writing pursuant to section 52E(2) of that Act of his decision to designate it, the principles determined under section 52B of that Act in relation to it, the amount which he proposed should be the maximum for the amount calculated by it as its budget requirement for the year, the target amount for the year (that is the maximum amount which he proposed it could calculate as its budget requirement for the year without the amount calculated being excessive), and the financial year as regards which he expected the amount calculated by it as its budget requirement for that year to be equal to or less than the target amount for that year.

Each of the authorities listed in the Schedule to this Order informed the First Secretary of State by notice in writing under section 52E(5)(a) of that Act that, for the reasons stated in the notice, it believed the maximum amount stated under section 52E(2)(d) of that Act should be such as was stated in its notice.

The First Secretary of State has considered, as regards each authority, the information supplied by it (being information of a kind, and provided in a form specified by him for the purposes of section 52F of the Act), and such other information as he thinks is relevant.

In accordance with section 52F(7)(a) of that Act a draft of this Order was laid before and approved by resolution of the House of Commons.