{
  "url": "https://openlegislation.uk/local-government-and-elections-wales-act-2021/schedule-12/paragraph-8",
  "json_url": "https://openlegislation.uk/local-government-and-elections-wales-act-2021/schedule-12/paragraph-8.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/8",
  "kind": "paragraph",
  "number": "8",
  "heading": null,
  "text": "(1) Where the consideration, or any of the consideration, in respect of a transaction is not in money, the limits set out in paragraph 6 apply to the value of the consideration.\n(2) Where, in determining whether a limit set out in paragraph 6 is exceeded, a question arises as to the value of the consideration in relation to a transaction and the persons concerned fail to reach agreement, for the purposes of the determination the question is to be decided by the Welsh Ministers.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 12 para. 8 in force at 21.1.2021, see s. 175(1)(f)(2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/asc/2021/1/schedule/12/paragraph/8",
    "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."
}