Mayor to notify combined authority of proposed budget: general component
This section has no associated Explanatory Memorandum
5.—(1) The mayor must, before 1st February in any financial year, notify the combined authority of the mayor’s draft budget in relation to the following financial year.
(2) The draft budget must—
(a)set out the mayor’s spending plans and how the mayor intends to meet the costs of the mayor’s general functions; and
(b)include the relevant amounts and calculations.
(3) In this Part references to “the combined authority” are, except in article 8(7) and (8), to be construed as references to members of the authority other than the mayor.