Paragraph 8B F1
This paragraph applies if—
the Mayor presents a final draft budget to the Assembly in accordance with paragraph 6 above, and
the Mayor has failed to comply with paragraph 6A(5) above.
If at the public meeting held under paragraph 8 above the Assembly approves a final draft budget that does not comply with the relevant principles, it shall also agree a substitute consolidated budget that complies with those principles at that meeting.
Annotations
Textual amendments
- F1
Sch. 6 paras. 8B-8D and cross-headings inserted (3.12.2011) by Localism Act 2011 (c. 20), s. 240(2), Sch. 6 para. 37(7); S.I. 2011/2896, art. 2(i)
Notes on Schedule 6
Textual amendments
- F1
Words in Sch. 6 heading substituted (3.12.2011) by Localism Act 2011 (c. 20), s. 240(2), Sch. 7 para. 40(a); S.I. 2011/2896, art. 2(i)
Modifications
- C1
Sch. 6 applied (with modifications) (27.7.1999 with application in relation to the limitation of council tax and precepts as regards the financial year beginning with 1.4.2000 and subsequent financial years) by 1992 c. 14, s. 52J (as inserted (27.7.1999 with application in relation to the limitation of council tax and precepts as regards the financial year beginning with 1.4.2000 and subsequent financial years) by 1999 c. 27, s. 30, Sch. 1 Pt. I para. 1)