This section applies where BID proposals are approved by a ballot held for the purposes of section 49(1).
The billing authority to which the proposals relate may, in prescribed circumstances, veto the proposals within such period from the date of the ballot as may be prescribed.
In deciding whether to exercise the veto, a billing authority is to have regard to such matters as may be prescribed.
If a billing authority vetoes BID proposals, it must give notice of the exercise of the veto to the persons entitled to vote in the ballot.
The notice—
must set out the reasons for the exercise of the veto, and
must give details of the right of appeal under section 52.
A copy of the notice must be sent to the Secretary of State.