Railways and Transport Safety Act 2003

Budget

This section has no associated Explanatory Notes

19(1)The Authority shall before each financial year set a budget of expected expenditure and income for the year.

(2)Before setting a budget the Authority shall consult—

(a)the Treasurer, and

(b)the Chief Constable.

(3)A budget must be set by a decision taken—

(a)by majority vote at a meeting of the Authority,

(b)with at least half of the members of the Authority voting in favour, and

(c)with at least half of the members who vote being neither officers of nor employed by a person who has entered into, or is required to enter into, a police services agreement.

(4)If the Authority has not immediately before a financial year complied with sub-paragraph (1) the Secretary of State may set a budget for the Authority for the year.

(5)Before setting a budget under sub-paragraph (4) the Secretary of State shall consult—

(a)each member of the Authority,

(b)the Treasurer, and

(c)the Chief Constable.