Commentary on Sections Part 3 of Schedule 11: Transition committees of merging councils and restructuring councils Paragraph 8 - Financial limits: further provision
629.This paragraph provides that, if there is disagreement about whether a threshold has been exceeded or not, the matter will be decided by the Welsh Ministers. It also provides that where a transaction, in whole or part, involves consideration (that is, a benefit promised by one party to the transaction to another party, in relation to the transaction) which is not money, the value of the consideration is still subject to the financial thresholds in paragraph 6.