Part 5Finance
Expenditure
126AF1Inclusion in Budget motions of resources used by designated bodies
1
A Budget motion for a financial year may include information relating to resources expected to be used by any body that is a designated body in relation to a relevant person.
2
For the purposes of this section a body is a “designated” body in relation to a relevant person if—
a
it is designated in relation to the relevant person by an order made by the Welsh Ministers, or
b
it falls within a description of body designated in relation to the relevant person by such an order.
3
A body, or a description of body, may be designated in relation to a relevant person for a particular financial year or generally.
4
If the Welsh Ministers expect the use of resources by a body in a financial year to involve payments out of a relevant Consolidated Fund to or for the benefit of the body, they may not make an order under which the body would be a designated body for the year unless the Treasury have consented to the making of the order.
5
“A relevant Consolidated Fund” means—
a
the Consolidated Fund of the United Kingdom,
b
the Scottish Consolidated Fund, or
c
the Consolidated Fund of Northern Ireland.
6
The Welsh Ministers must, where they think it appropriate, consult the Treasury before designating a body or a description of body.
7
In determining for any purpose whether a body has a particular relationship with a relevant person (for example, whether it is controlled by, or otherwise dependent on, the person), the following must be disregarded—
a
the fact that the provisions of a Budget motion relating to the relevant person in respect of a financial year include information relating to the body, and
b
the fact that the relevant person's accounts for a financial year prepared under this or any other Act include information relating to the body.
8
An order under subsection (2) is to be made by statutory instrument.
9
A statutory instrument containing an order under that subsection is subject to annulment in pursuance of a resolution of the National Assembly for Wales.
10
But subsection (9) does not apply if a draft of the statutory instrument containing the order has been laid before, and approved by a resolution of, the National Assembly for Wales.