PART 4

MEETING TO CONSIDER THE LOCAL ADJUSTMENT FACTOR

8 Local authority meeting

(1) The documents referred to in regulations 4 to 7 shall be considered by the local authority at a meeting of which not less than 3 days’ notice has been given to every member of the local authority.

(2) Not less than 3 days before the day on which the meeting referred to in paragraph (1) is held, the Chief Executive shall send a copy of the documents referred to in regulations 4 to 7 to every member of the local authority.

(3) At the meeting referred to in paragraph (1) the local authority may—

(a) by resolution vary the basic rate and set a local adjustment factor that will apply for a period of one year from the next local property tax liability date, or

(b) not vary the basic rate, or

(c) decide, subject to section 21(1) of the Act, to consider the matter further at a subsequent meeting of the local authority in accordance with paragraphs (1), (3) and (4).

(4) Except in accordance with this regulation, a local authority shall not set a local adjustment factor.