# Local Government and Elections (Wales) Act 2021, Paragraph 5


(1) An acquisition or disposal made in contravention of a direction given under paragraph 1 is void.
(2) A contract (including a contract for employment) or agreement entered into in contravention of a direction given under paragraph 1 is unenforceable.
(3) A grant or other financial assistance given, or a loan made, in contravention of a direction given under paragraph 1 is repayable.
(4) If a merging council or restructuring council includes financial reserves in a calculation under section 32 of the Local Government Finance Act 1992 (c. 14) in contravention of a direction given under paragraph 1, the council is to be treated for the purposes of section 30(8) of that Act as not having made the calculations required by Chapter 3 of Part 1 of that Act.

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Source: https://www.legislation.gov.uk/asc/2021/1/schedule/12/paragraph/5 (the official version)
Page: https://openlegislation.uk/local-government-and-elections-wales-act-2021/schedule-12/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.