Part 1Capital finance etc and accounts
Chapter 1Capital finance etc
F1Risk management: England
12DDuty to cooperate with independent expert
(1)
This section applies where—
(a)
a trigger event has occurred in relation to a local authority in England,
(b)
section 12C (2) does not apply to prevent the power conferred by section 12A(1) being exercisable, in relation to that authority, by reason of that event, and
(c)
the Secretary of State has appointed an independent expert to review the level of the financial risk to the local authority.
(2)
The local authority must, so far as reasonably practicable, co-operate with the independent expert in any way that the independent expert considers necessary or expedient for the purposes of the conduct of the review.
(3)
In this section—
“financial risk” has the same meaning as in section 12A;
“independent expert” means a person—
(a)
who is independent of the local authority and the Secretary of State, and
(b)
who has relevant experience or knowledge which is relevant to the matter in question;
“trigger event” has the same meaning as in section 12A.