Article 7 Apportionment

All money transferred to, or sums realised by, Caerphilly, by or in pursuance of the transfer by this Order (other than by virtue of articles 3 or 4(1)) of any property or rights, shall after deduction of any relevant expenditure be apportioned among the Welsh councils in the appropriate proportions; and Caerphilly shall, not later than the end of the financial year in which such money or sums are received, pay the appropriate proportion to each of the other Welsh councils and shall retain the balance.

If in any financial year the aggregate in that year of the sums referred to in paragraph (1) is insufficient to meet any relevant expenditure for that year that excess expenditure shall be apportioned among the Welsh councils in the appropriate portions; and the appropriate proportion shall be recoverable by Caerphilly from each of the other Welsh councils.

In this article, “relevant expenditure” means expenditure attributable to this Order which is not defrayed by virtue of any other provision of this Order.