Paragraph 3

England, Wales and Scotland

(1)

This paragraph applies if the Mayor has not complied with paragraph 2(3) above before the beginning of the period of restriction for the purposes of section 96 of this Act or section F152ZW of the M1Local Government Finance Act 1992.

(2)

Where this paragraph applies, the Assembly shall prepare a draft of their proposals for the substitute calculations, after consulting each of the functional bodies affected by the proposals.

(3)

If, at a public meeting of the Assembly, the draft proposals prepared under sub-paragraph (2) above are approved by the Assembly—

(a)

the Authority’s substitute calculations shall be the substitute calculations in that draft as so approved; and

(b)

the following provisions of this Schedule shall not apply in relation to the substitute calculations.

Annotations

Textual amendments

F1: Word in Sch. 7 para. 3(1) substituted (3.12.2011) by Localism Act 2011 (c. 20), s. 240(2), Sch. 6 para. 38(2); S.I. 2011/2896, art. 2(i)

Marginal citations

M1: 1992 c. 14.

Notes on Schedule 7

Modifications

C1: Sch. 7 applied by 1992 c. 14, s. 52ZU(11) (as inserted (3.12.2011) by Localism Act 2011 (c. 20), ss. 72(1), 240(2), Sch. 5; S.I. 2011/2896, art. 2(i))