[52Q Challenge of maximum amount]

[Position after designation under section 52M or 52P]

[52Q  Challenge of maximum amount]

[(1)     This section applies if—

(a)     an authority designated under section 52M above informs the [Welsh Ministers] by notice in writing under subsection (8)(a) of that section, or

(b)     an authority designated under section 52P above informs the [Welsh Ministers] by notice in writing under subsection (8)(a) of that section.

(2)     After considering any information falling within subsection (3) below the [Welsh Ministers]—

(a)     shall make an order stating the amount which the amount calculated by the authority as its budget requirement for the year is not to exceed;

(b)     may alter the target amount

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