Section 52R | Acceptance of maximum amount. ^F1

(1)This section applies if—

(a)an authority designated under section 52M above informs the Welsh Ministers by notice in writing under subsection (8)(b) of that section, or^F2

(b)an authority designated under section 52P above informs the Welsh Ministers by notice in writing under subsection (8)(b) of that section.^F3

(2)As soon as is reasonably practicable after they receive the notice the Welsh Ministers shall serve on the authority a notice stating the amount which the amount calculated by it as its budget requirement for the year is not to exceed; and the amount stated shall be that stated in the notice under section 52M(4)(b) or 52P(4)(b) above (as the case may be).^F4F5

(3)When they serve a notice under subsection (2) above on a precepting authority the Welsh Ministers shall also serve a copy of it on each billing authority to which the precepting authority has power to issue a precept.^F6F7