Modifications etc. (not altering text)
C1Sch. 6 applied (with modifications) (27.7.1999 with application in relation to the limitation of council tax and precepts as regards the financial year beginning with 1.4.2000 and subsequent financial years) by 1992 c. 14, s. 52J (as inserted (27.7.1999 with application in relation to the limitation of council tax and precepts as regards the financial year beginning with 1.4.2000 and subsequent financial years) by 1999 c. 27, s. 30, Sch. 1 Pt. I para. 1)
Valid from 03/07/2000
1(1)It shall be the duty of the Mayor and the Assembly, in accordance with the following provisions of this Schedule, to prepare and approve for each financial year—E+W+S
(a)a budget for each of the constituent bodies as such (a “component budget”); and
(b)a consolidated budget for the Authority (a “consolidated budget”).
(2)A component budget must consist of statements of—
(a)the amount of the component budget requirement for the constituent body concerned; and
(b)the calculations under section 85(4) to (7) of this Act which give rise to that amount.
(3)A consolidated budget must consist of statements of—
(a)the amount of the Authority’s consolidated budget requirement;
(b)the amount of the component budget requirement for each constituent body; and
(c)the calculations under section 85(4) to (8) of this Act which give rise to each of the amounts mentioned in paragraphs (a) and (b) above.
(4)In this Schedule “public meeting”, in relation to the Assembly, means a meeting of the Assembly throughout which members of the public are entitled to be present.