PART 3

EU financial sanctions: Wales

Duty of the Welsh Ministers to issue a policy statement
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1
The Welsh Ministers must publish a statement of policy with respect to—
a
the designation of Welsh public authorities under section 62;
b
the imposition and variation of requirements to make payments under this Part; and
c
such other matters relating to the operation of the provisions of this Part as the Welsh Ministers may think it appropriate to include in the statement.
2
The Welsh Ministers may from time to time revise and republish the statement of policy required by this section.
3
A revised statement of policy may include saving or transitional provisions relating to the continued application for any purpose of any provisions of an earlier published version of the statement.
4
The Welsh Ministers must consult such persons as the Welsh Ministers consider appropriate before publishing, or revising and republishing, the statement of policy required by this section.
5
In exercising functions under this Part in relation to an EU financial sanction which has been or may be imposed on the United Kingdom—
a
the Welsh Ministers, and
b
a panel established under section 63,
must have regard to the statement of policy most recently published under this section.