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16.—(1) A statutory transition committee, in respect of a new council, shall—
(a)gather information and consider and advise on matters relevant to ensuring that the new council will be able to adopt its full range of powers and functions from 1st April 2015;
(b)prepare a draft Corporate and Business Plan for the agreement of the new council;
(c)prepare a draft budget for the agreement of the new council; and
(d)arrange the first meeting of the new council.
(2) Subject to paragraph (3), a statutory transition committee shall—
(a)publish its Corporate and Business Plan; and
(b)agree with the predecessor councils within the district in relation to which it is established, a budget for the operation of the committee.
(3) The statutory transition committee in relation to the new council for the district of Belfast, shall agree a budget for its operation with the predecessor council, Castlereagh Borough Council and Lisburn City Council.
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