# The Police and Crime Panels (Precepts and Chief Constable Appointments) Regulations 2012, Regulation 4: Report on proposed precept

Extent: E+W

(1) The panel shall comply with the duty under paragraph 3 of Schedule 5 (panel to review proposed precept) by 8th February of the relevant financial year.
(2) Where the panel exercises the power under paragraph 4 of Schedule 5 (panel’s power to veto precept) but fails to act in accordance with paragraph (1) of this regulation, the end of the scrutiny process is reached and, notwithstanding the veto, the police and crime commissioner may issue the proposed precept as the precept for the financial year.

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Source: https://www.legislation.gov.uk/uksi/2012/2271/regulation/4 (the official version)
Page: https://openlegislation.uk/police-and-crime-panels-precepts-and-chief-constable-appointments-regulations-2012/regulation-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.