Greater London Authority Bill - continued        House of Lords
PART III, FINANCIAL PROVISIONS - continued

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  CHAPTER V
  FINANCIAL ADMINISTRATION, ACCOUNTS AND AUDIT
 
Financial administration
Proper financial administration and chief finance officer.     113. - (1) In this section "relevant authority" means-
 
 
    (a) the Authority; or
 
    (b) a functional body.
      (2) Every relevant authority-
 
 
    (a) shall make arrangements for the proper administration of its financial affairs; and
 
    (b) shall secure that one of its officers (its "chief finance officer") has responsibility for the administration of those affairs.
      (3) In subsection (2)(b) above, the reference to officers includes a reference to employees or members of staff and, in the case of Transport for London and the London Development Agency, includes a reference to members of the relevant authority.
 
Application of Part VIII of Local Government Finance Act 1988.     114. - (1) Section 111 of the Local Government Finance Act 1988 (interpretation of Part VIII (financial administration)) shall be amended as follows.
 
      (2) In subsection (2) (which specifies the bodies which are relevant authorities for the purposes of Part VIII) after paragraph (b) there shall be inserted-
 
 
    "(bb) the Greater London Authority;
 
    (bc) a functional body, within the meaning of the 1999 Act;".
      (3) In subsection (3) (meaning of "1972 Act" etc) at the end there shall be added "and the 1999 Act is the Greater London Authority Act 1999".
 
Qualifications of chief finance officer.     115. In section 113(1) of the Local Government Finance Act 1988 (requirements to be fulfilled by person having responsibility for administration of financial affairs under certain provisions) after "section 73 of the 1985 Act" there shall be inserted ", section 113 of the 1999 Act".
 
Functions of chief finance officer as regards reports.     116. - (1) Section 114 of the Local Government Finance Act 1988 (functions of responsible officer as regards reports) shall be amended as follows.
 
      (2) In subsection (1) (person having responsibility for administration of financial affairs under certain provisions to have functions as regards reports) after "section 73 of the 1985 Act" there shall be inserted ", section 113 of the 1999 Act".
 
      (3) After subsection (3A) (preparation of report: duty to consult head of paid service and monitoring officer) there shall be inserted-
 
 
    "(3B) Subsection (3A) above shall have effect in relation to the London Development Agency with the substitution for paragraphs (a) and (b) of the words "with the person who is for the time being appointed under paragraph 4(2) of Schedule 2 to the Regional Development Agencies Act 1998 as the chief executive of the London Development Agency".
 
      (3C) Subsection (3A) above shall have effect in relation to Transport for London with the substitution for paragraphs (a) and (b) of the words "with the person who is for the time being designated for the purpose under subsection (3D) below".
 
      (3D) Transport for London shall designate a member of Transport for London, or a member of the staff of Transport for London, as the person who is to be consulted under subsection (3A) above."
 
      (4) After subsection (4) (duty to send copy of report to each member of the authority etc) there shall be inserted-
 
 
    "(4A) The duty under subsection (4)(b) above-
 
 
    (a) in a case where the relevant authority is the Greater London Authority, is to send a copy of the report to the Mayor of London and to each member of the London Assembly; and
 
    (b) in a case where the relevant authority is a functional body, within the meaning of the 1999 Act, includes a duty to send a copy of the report to the Mayor of London and to the Chair of the Assembly, within the meaning of that Act."
Duties of Authority or functional body as regards reports.     117. - (1) Section 115 of the Local Government Finance Act 1988 (authority's duties as regards reports) shall be amended as follows.
 
      (2) After subsection (1) there shall be inserted-
 
 
    "(1A) Where the report under section 114 above is a report by the chief finance officer of the Greater London Authority, section 115A below shall have effect in place of subsections (2) and (3) below."
 
      (3) After subsection (3) there shall be inserted-
 
 
    "(3A) In the case of the London Development Agency or Transport for London, Part VA of the 1972 Act (access to meetings etc) shall have effect in relation to the meeting as if that authority were a principal council."
 
      (4) After subsection (4) (which prevents delegation under section 101(2) of the Local Government Act 1972) there shall be inserted-
 
 
    "(4A) In the case of the London Development Agency or Transport for London, neither-
 
 
    (a) paragraph 7 of Schedule 2 to the Regional Development Agencies Act 1998 (delegation by London Development Agency etc), nor
 
    (b) paragraph 7 of Schedule 8 to the 1999 Act (delegation by Transport for London),


shall apply to the duty under subsection (2) above."
      (5) After subsection (9) (the prohibition period) there shall be inserted-
 
      "(9A) In the application of this section where the report under section 114 above is a report by the chief finance officer of the Greater London Authority, subsection (9) above shall have effect with the substitution for paragraph (b) of-
 
 
    "(b) ending with the first business day to fall after the day (if any) on which the Mayor makes the decisions under section 115A(6) below.""
      (6) In subsection (10) (immaterial for subsection (9)(b) that subsection (3) is not complied with) after "subsection (3) above" there shall be inserted ", or, where section 115A below applies, subsection (4) or (8) of that section,".
 
      (7) In subsection (11) (nature of decisions at meeting immaterial for subsection (9)(b)) after "decisions made at the meeting" there shall be inserted ", or, where section 115A below applies, by the Mayor under subsection (6) of that section,".
 
      (8) After subsection (12) there shall be added-
 
 
    "(13) In the application of this section in relation to the Greater London Authority, the references to the authority in subsections (5) to (12) above shall be taken as references to the Greater London Authority whether acting by the Mayor, the Assembly or the Mayor and Assembly acting jointly.
 
      (14) In this section-
 
 
    "the Assembly" means the London Assembly;
 
    "the Mayor" means the Mayor of London."
      (9) After section 115 of the Local Government Finance Act 1988 there shall be inserted-
 
 
"Duties of Mayor of London and London Assembly as regards reports.     115A. - (1) This section applies where copies of a report under section 114 above by the chief finance officer of the Greater London Authority have been sent under section 114(4) above.
 
    (2) The Mayor shall consider the report preparatory to making the decisions under subsection (6) below.
 
      (3) The Assembly shall consider the report at a meeting where it shall decide-
 
 
    (a) whether it agrees or disagrees with the views contained in the report; and
 
    (b) what action (if any) it recommends that the Mayor should take in consequence of it.
      (4) The meeting must be held not later than the end of the period of 21 days beginning with the day on which the copies of the report are sent.
 
      (5) The Mayor must attend the meeting.
 
      (6) After the meeting, the Mayor shall decide-
 
 
    (a) whether he agrees or disagrees with the views contained in the report; and
 
    (b) what action (if any) he proposes to take in consequence of it.
      (7) In making any decision under subsection (6) above, the Mayor shall take account of any views or recommendations of the Assembly at the meeting.
 
      (8) The Mayor must make the decisions under subsection (6) above before the end of the period of 14 days beginning with the day on which the meeting of the Assembly concludes.
 
      (9) Any functions of the Mayor under this section must be exercised by the Mayor personally.
 
      (10) Section 46 of the 1999 Act (discharge of Assembly functions by committees etc) shall not apply in relation to any function of the Assembly under this section.
 
      (11) In this section-
 
 
    "the Assembly" means the London Assembly;
 
    "the Mayor" means the Mayor of London."
 
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Prepared 30 July 1999