Article F4 Authority’s duties as regards reports
This article applies where copies of a report under article F3 above have been sent under article F3(5).
The Authority shall consider the report at a meeting where it shall decide whether it agrees or disagrees with the views contained in the report and what action (if any) it proposes to take in consequence of it.
The meeting must be held not later than the end of the period of 21 days beginning with the day on which copies of the report are sent.
Article D1 above shall not apply to the duty under paragraph (2) above.
If the report was made under article F3(2) above, during the prohibition period the course of conduct which led to the report being made shall not be pursued.
If the report was made under article F3(3) above, during the prohibition period the Authority shall not enter into any new agreement which may involve the incurring of expenditure (at any time) by the Authority.
If paragraph (5) above is not complied with, and the Authority makes any payment in the prohibition period as a result of the course of conduct being pursued, it shall be taken not to have had power to make the payment (notwithstanding any obligation to make it under contract or otherwise).
If paragraph (6) above is not complied with, the Authority shall be taken not to have had power to enter into the agreement (notwithstanding any option to do so under contract or otherwise).
In this article “the prohibition period” means the period—
beginning with the day on which copies of the report are sent, and
ending with the first business day to fall after the day (if any) on which the Authority’s consideration of the report under paragraph (2) above is concluded.
If paragraph (3) above is not complied with, it is immaterial for the purposes of paragraph (9)(b) above.
The nature of the decisions made at the meeting is immaterial for the purposes of paragraph (9)(b) above.