70Application by principal councils to establish a corporate joint committeeE+W
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(1)Any two or more principal councils may jointly make an application (a “joint committee application”) to the Welsh Ministers, asking them to consider making regulations under section 72 establishing a corporate joint committee to exercise—
(a)a function of those councils;
(b)the economic well-being function,
in relation to the principal areas of those councils.
(2)If, following receipt of a joint committee application, the Welsh Ministers decide not to make regulations under section 72, they must notify the principal councils that made the application.