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Nottingham City Council Act 2013
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- UK Local Acts
- 2013 c. iii
- Fixed penalties
- Section 10
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10Financial provisions
(1)The council shall keep an account of their income and expenditure in respect of the administration and enforcement of sections 6 and 7.
(2)At the end of each financial year any deficit in the account shall be made good out of the general rate fund, and (subject to subsection (3)) any surplus shall be applied to purposes connected with the improvement of the amenity of the city or any part of the city.
(3)If the council so determine, any amount not applied in any financial year, instead of being or remaining so appropriated, may be carried forward in the account kept under subsection (1) to the next financial year.
(4)The council shall, after each financial year, report to the Secretary of State on any action taken by them, pursuant to subsection (2) or (3), in respect of any deficit or surplus in their account for the year.
(5)The report under subsection (4) shall be made as soon after the end of the financial year to which it relates as possible.
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