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GLOSSARY

Economic Prosperity Boards definition

What does Economic Prosperity Boards mean?

Bodies corporate with functions relating to the economic development and regeneration of their local authority areas established by order of the Secretary of State (see section 88(1) of the Local Democracy, Economic Development and Construction Act 2009).

EPBs consist of the whole of two or more local government areas in England with contiguous boundaries and must meet specified conditions. The Secretary of State has various powers in Part 6 of the 2009 Act including concerning constitution and functions, changing the area boundaries and dissolution of an EPB. If following a review two or more authorities consider that a new EPB would be likely to improve the exercise of economic development and regeneration functions and the economic conditions within the area, they may publish a scheme accordingly. The Secretary of State may then establish a new EPB. S/he may also make an order providing for functions of a county council or district council to be exercisable by the EPB.


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