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Estimate of expenses and rates meeting.
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17.—(1) The Manager shall cause to be prepared in each year at the prescribed time and in the prescribed form an estimate (in this section referred to as the estimate of expenses) showing the amounts which in his opinion will be necessary to meet the expenses and provide for the requirements of the Corporation during the local financial year then next ensuing.
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(2) The estimate of expenses prepared in each year shall be considered by the Council at a meeting thereof (in this section referred to as the rates meeting of the Council) at which the Manager shall be present held at the time prescribed in that behalf either generally or in regard to any particular year by the Minister and of which not less than fourteen days' notice in the prescribed form shall have been given by the Town Clerk to every member of the Council.
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(3) The Town Clerk shall in each year not less than fourteen days before the date on which the rates meeting of the Council is to be held send to every member of the Council a copy of the estimate of expenses to be considered at the said meeting.
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(4) In each year the Town Clerk shall, not less than fourteen days before the date on which the rates meeting of the Council is to be held, deposit in the offices of the Council for inspection by the public a copy of the estimate of expenses prepared under this Act in that year and shall at the same time give public notice in the prescribed manner and form of the fact that such estimate of expenses has been made and that a copy thereof has been deposited by him as aforesaid.
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(5) The copy of the estimate of expenses deposited under this section in the offices of the Council may be inspected by the public at any time at which the said offices are open for the transaction of official business and without the payment of any fee or premium for such inspection.
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(6) The Town Clerk shall supply to every person making application to him therefor a copy of the estimate of expenses at a cost of one shilling per copy.
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(7) The Council shall at the rates meeting of the Council held in every year consider and may amend or modify the estimate of expenses prepared for their consideration at such meeting and the Council shall by resolution adopt such estimate of expenses either with or without amendment or modification and shall by the same or any subsequent resolution passed by them at such meeting determine in accordance with such estimate as so adopted the rates in the pound to be levied for the several purposes specified in such estimate.
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(8) Where the Council at any rates meeting of the Council propose to make any amendment or modification in or of the estimate of expenses considered at such meeting which in the opinion of the Manager would, if carried into effect, seriously prejudice the efficient or economic performance of the duties of the Corporation the Manager shall at such meeting make his objections to such proposed amendment or modification and shall state the reasons for such objection and, upon such objection being made, the Council shall not make such proposed amendment or modification in or of the estimate of expenses until after the expiration of fourteen days from the date on which such objection was made and the Council may for that purpose adjourn such rates meeting.
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