1Transport for London and each borough council shall keep accounts of their income and expenditure in respect of—
(a)section 4 (Penalty charges for road traffic contraventions) of this Act; and
(b)the administration and enforcement of sections 8 to 11 (Fixed penalties) of this Act in relation to each of the enactments listed in Schedule 4 to this Act,
and (except where otherwise provided) the following provisions of this Schedule shall have effect with respect to each of those accounts.