[52P Designation after previous designation]
Local Government Finance Act 1992 (1992 c 14) | Legislation

[Designation after previous designation]

[52P  Designation after previous designation]

[(1)     This section applies if—

(a)     the [Welsh Ministers designate] an authority as regards a year under section 52D(2)(a) above or section 52M above or this section, and

(b)     the amount calculated by the authority as its budget requirement for the year exceeds the target amount for the year.

(2)     [They] may designate the authority as regards the financial year immediately following the year mentioned in subsection (1) above, and if [they do] so [they] shall—

(a)     determine an amount which [they propose] should be the maximum for the amount calculated by the authority as its budget requirement for the year as regards which the designation is made;

(b)     determine the target amount for the year as regards which the designation is made, that is, the maximum amount which [they propose]

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