6 Estimation of financial effect

(1) A report estimating the financial effect of implementing a local adjustment factor in the local authority area as specified in Section 20(2A)(c) of the Act shall be prepared under the direction of the Chief Executive.

(2) The report referred to in paragraph (1) shall contain the following information in respect of the local authority area—

(a) the potential impact on a liable person,

(b) the potential impact on the local property tax revenue during the next local financial year,

(c) the potential impact on the service delivery plans of the local authority for the next local financial year, and

(d) any other information the Chief Executive considers relevant.