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3(1)The local authority shall pay to such relevant person as it considers appropriate—
(a)any surplus of its income over its expenditure in respect of the house to which the order relates; and
(b)the interest on any such surplus at such reasonable rate as the authority may determine.
(2)The local authority shall—
(a)keep accounts for the management period of its income and expenditure in respect of the house to which the order relates; and
(b)afford to the relevant person all reasonable facilities for inspecting, taking copies of and verifying those accounts.
(3)The Scottish Ministers may by regulations make provision about—
(a)expenditure which local authorities may incur in respect of houses to which orders relate; and
(b)the means of recovering such expenditure.
(4)For the purposes of this paragraph “relevant person” means the person who, immediately before the order was made, was the landlord of the house to which the order relates.
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Text created by the Scottish Executive department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Acts of the Scottish Parliament except those which result from Budget Bills
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