In relation to each financial year the Greater London Authority is required to make the calculations set out in the Greater London Authority Act 1999, s 85...
Legislation Affected
Greater London Authority Act 1999 modified
Summary
In relation to each financial year the Greater London Authority is required to make the calculations set out in the Greater London Authority Act 1999, s 85, including the calculation of its consolidated council tax requirement. The procedure for determining the Authority’s consolidated council tax requirement is set out in the Greater London Authority Act 1999, Sch 6.
As part of that procedure the Mayor is required to prepare and present a draft consolidated budget to the Assembly on or before 1 February in the financial year preceding that to which the consolidated council tax requirement relates. If the Mayor fails to comply with this requirement responsibility for preparing the draft consolidated budget passes to the Assembly.
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