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Local Government and Elections (Wales) Act 2021
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- Acts of Senedd Cymru
- 2021 asc 1
- SCHEDULE 12
- Paragraph 8
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Financial limits: further provision
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8(1)Where the consideration, or any of the consideration, in respect of a transaction is not in money, the limits set out in paragraph 6 apply to the value of the consideration.
(2)Where, in determining whether a limit set out in paragraph 6 is exceeded, a question arises as to the value of the consideration in relation to a transaction and the persons concerned fail to reach agreement, for the purposes of the determination the question is to be decided by the Welsh Ministers.
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