Article 10. Decision-Making of the Lancashire Combined County Authority Constitution
10.3
A Key Decision means a decision, which in the view of the Overview and Scrutiny Committee is likely to:
• result in the LCCA spending or saving a significant amount, compared with the budget for the service or function the decision relates to; or
• have a significant effect on communities living or working in an area made up of two or more electoral divisions or wards in the area.
10.4
When assessing whether or not a decision is a key decision, Members must consider all the circumstances of the case. However, a decision which results in a significant amount spent or saved will not generally be considered to be a key decision if that amount is less than £500,000.