What is the court's approach to costs budgeting under CPR Part 3 Section II, and what is the effect of an approved or agreed budget?
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A
Costs budgets are merely informative and have no binding effect
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B
The court manages litigation costs by approving budgets, and at assessment the court will not depart from the approved or agreed budget unless there is good reason to do so, as established in CPR r.3.18
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C
Costs budgets only apply to small claims track cases
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D
An approved budget guarantees that the successful party will recover the full amount budgeted