(1)Where—
(a)a scheme is made by virtue of subsection (2) of section 397 above, but
(b)the agreement of at least two-thirds of the London local authorities is not given to the scheme as mentioned in subsection (4) of that section,
the Mayor may apply to the Secretary of State for a direction that the scheme is to have effect so as to be binding on all those authorities.
(2)A direction by the Secretary of State under subsection (1) above shall specify the date from which the scheme is to have effect by virtue of the direction.
(3)Before giving a direction under subsection (1) above the Secretary of State shall consult each London local authority and may give such a direction only if he considers—
(a)that the provision of information of the description which may be required by the Mayor to be provided under the scheme is necessary for the exercise of functions of the Authority; and
(b)that the provisions of the scheme will not impose an unreasonable financial burden on the London local authorities.
(4)For the purposes of any scheme made by virtue of subsection (2) of section 397 above each London local authority shall have power to collect any information which is required to be provided by that authority to the Mayor under the scheme.
(5)For the purposes of this section a London local authority means a London borough council or the Common Council.