7(1)This paragraph applies if the Mayor has complied with paragraph 3(4) above but has failed to comply with paragraph 6(6) above.
(2)Where this paragraph applies, a public meeting of the Assembly shall be held to determine the Authority’s consolidated budget requirement.
(3)The component budget requirement of each of the constituent bodies shall be agreed by the Assembly.
(4)The Authority’s consolidated budget requirement shall be deemed to be agreed by the Assembly accordingly.
(5)Where this paragraph applies, the following provisions of this Schedule shall not apply in relation to the consolidated budget or the component budgets for the financial year in question.