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Local Government and Elections (Wales) Act 2021

Paragraph 3 - Directions under paragraph 1: further provision about reserves

623.Paragraph 3 allows for a direction under paragraph 1 to permit the inclusion by the council, without the opinion or consent (as the case may be) of the person specified in the direction, in the mandatory calculation of the council’s budget requirements of-

  • specified descriptions of financial reserves, or

  • financial reserves up to an amount determined under the direction.

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