http://www.legislation.gov.uk/wsi/2021/352/regulation/16The South West Wales Corporate Joint Committee Regulations 2021enLOCAL GOVERNMENT, WALESStatute Law Database2026-03-20Expert Participation2022-07-15 Section 74 of the Local Government and Elections (Wales) Act 2021 (the “2021 Act”) enables the Welsh Ministers, by regulations, to establish bodies corporate known as corporate joint committees. These bodies are established in order to exercise certain functions specified in the regulations which establish them, in relation to an area comprising the areas of the local authorities which comprise the membership of the corporate joint committee (in addition, where a corporate joint committee is given functions in relation to strategic planning, a National Park authority may also have membership of the committee). PART 5161For each financial year the South West Wales CJC must calculate the amounts described in paragraph (2) attributable to—aits strategic planning functions (including an appropriate proportion of administration costs and other overheads), andbits other functions.2The amounts that the CJC must calculate are—athe amount which the CJC estimates it will spend in respect of the financial year in the exercise of its functions (including spending on administration and other overheads);bthe amount which the CJC considers appropriate to raise for contingencies arising in respect of the financial year;cthe amount which the CJC considers appropriate to be held as a reserve to meet expenditure it considers will be incurred in respect of future financial years;dany amount which the CJC considers is necessary to meet liabilities outstanding in respect of any earlier financial year.3For each financial year, the South West Wales CJC must also calculate the aggregate of any amounts it estimates it will receive from sources other than the constituent councils, the Brecon Beacons National Park Authority and the Pembrokeshire Coast National Park Authority attributable to—aits strategic planning functions, andbits other functions.4Where the sum of the amounts calculated for a financial year under paragraph (1)(a) exceeds the amount calculated for that year under paragraph (3)(a), the amount of excess is the South West Wales CJC’s strategic planning budget requirement for the financial year.5Where the sum of the amounts calculated for a financial year under paragraph (1)(b) exceeds the amount calculated for that year under paragraph (3)(b), the amount of excess is the South West Wales CJC’s general budget requirement for the financial year.6The South West Wales CJC must—acarry out the calculations under paragraphs (1) and (3), andbagree those calculations at a meeting,no later than 31 January in each preceding financial year.7In relation to the first financial year, paragraph (6) applies as if, for “31 January in each preceding financial year” there were substituted “31 January 2022”.8The South West Wales CJC may revise the calculations carried out under paragraphs (1) and (3) at any time before the end of the financial year to which they relate and the South West Wales CJC’s general budget requirement, or strategic planning budget requirement, may consequently be revised.9Any revised calculations must be agreed at a meeting of the South West Wales CJC.Reg. 16 in force at 1.4.2021, see reg. 1(2)