Costs of mayor to be met from precepts
3.—(1) The costs of a mayor(1) for the area of a combined authority that are incurred in, or in connection with, the exercise of mayoral functions are to be met from precepts issued by the authority under section 40 of the 1992 Act (issue of precepts by major precepting authorities)(2).
(2) Paragraph (1) has effect subject to—
(a)the transitional provisions in Part 5; and
(b)any contrary provision made in an order under Part 6 of the 2009 Act (economic prosperity boards and combined authorities).
See section 120 of the Local Democracy, Economic Development and Construction Act 2009 for meaning of “mayor” and “combined authority”.
Section 40 was amended by section 83 of the Greater London Authority Act 1999 ( c. 29); section 79 of, and paragraph 17 of Schedule 7 to, the Localism Act 2011 (c. 20); and by section 5 of the Cities and Local Government Act 2016.