4Strategies for promoting well-being
(1)Every local authority must prepare a strategy (referred to in this section as a community strategy) for promoting or improving the economic, social and environmental well-being of their area and contributing to the achievement of sustainable development in the United Kingdom.
(2)A local authority may from time to time modify their community strategy.
(3)In preparing or modifying their community strategy, a local authority—
(a)must consult and seek the participation of such persons as they consider appropriate, and
(b)must have regard to any guidance for the time being issued by the Secretary of State.
(4)Before issuing any guidance under this section, the Secretary of State must consult such representatives of local government and such other persons (if any) as he considers appropriate.
(5)In its application to Wales, this section has effect as if for any reference to the Secretary of State there were substituted a reference to the National Assembly for Wales.