92 General funds: supplementary.E+W
(1)In this section “relevant authority” has the same meaning as in section 91 above.
(2)The Secretary of State may make regulations—
(a)about the relationship of a relevant authority’s general fund to its other funds;
(b)providing for assets falling within a relevant authority’s general fund to be held in separate funds within the general fund.
(3)The regulations may provide that any fund established by a relevant authority on or after 1 April 1990, other than its collection fund or a trust fund, is to be maintained as a separate fund falling within its general fund.
(4)The regulations may provide that such assets as are transferred to a relevant authority’s general fund under [F1section 91(6), (7) or (8)] above and fall within a prescribed description shall be held in separate funds falling within the general fund; and the number and composition of the separate funds shall be such as are prescribed.
Textual Amendments
F1Words in S. 92(4) substituted (28.11.1994) by S.I. 1994/2825, reg. 8
Modifications etc. (not altering text)
C1S. 92 applied (28.11.1994) by S.I. 1994/2825, reg. 16(1)(a)