{
  "url": "https://openlegislation.uk/local-government-and-elections-wales-act-2021/schedule-12/paragraph-3",
  "json_url": "https://openlegislation.uk/local-government-and-elections-wales-act-2021/schedule-12/paragraph-3.json",
  "legislation": "asc/2021/1",
  "legislation_title": "Local Government and Elections (Wales) Act 2021",
  "legislation_url": "https://openlegislation.uk/local-government-and-elections-wales-act-2021",
  "path": "schedule/12/paragraph/3",
  "kind": "paragraph",
  "number": "3",
  "heading": null,
  "text": "(1) A direction under paragraph 1—\n(a) may provide that the opinion or consent of the person or persons specified in the direction is not required for the inclusion, in a calculation under section 32 of the Local Government Finance Act 1992 (c. 14), of financial reserves of a description specified in the direction;\n(b) may, in relation to a merging council or restructuring council, provide that an opinion or consent is not required for the inclusion in such a calculation of an amount of financial reserves not exceeding an amount specified in or determined under the direction.\n(2) If a direction contains provision by virtue of sub-paragraph (1), the reference in paragraph 1(2)(f) to an amount of financial reserves is to be read as a reference to an amount of financial reserves other than an amount permitted by the direction.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 12 para. 3 in force at 21.1.2021 for specified purposes, see s. 175(1)(f)(2)(b)(ii)(m)(7)"
    },
    {
      "type": "I",
      "label": "I2",
      "text": "Sch. 12 para. 3 in force at 1.4.2021 in so far as not already in force by S.I. 2021/297, art. 2(j)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/asc/2021/1/schedule/12/paragraph/3",
    "retrieved_at": "2026-10-29T20:17:57.648401+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}