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Local Government and Elections (Wales) Act 2021

Paragraph 8 - Financial limits: further provision

629.This paragraph provides that, if there is disagreement about whether a threshold has been exceeded or not, the matter will be decided by the Welsh Ministers. It also provides that where a transaction, in whole or part, involves consideration (that is, a benefit promised by one party to the transaction to another party, in relation to the transaction) which is not money, the value of the consideration is still subject to the financial thresholds in paragraph 6.

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Text created by the Welsh Government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes accompany all Acts of Senedd Cymru.


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