Part VI Administrative and financial arrangements
F3 Greater London Magistrates’ Courts Authority
F259D Accounting.
1
The Greater London Magistrates’ Courts Authority shall keep a fund to be known as the GLMCA fund.
2
All the Authority’s receipts shall be paid into the GLMCA fund and all the Authority’s expenditure shall be paid out of it.
3
The Authority shall—
a
keep accounts of payments made into or out of the GLMCA fund; and
b
make arrangements for the proper administration of their financial affairs.
4
The Lord Chancellor may by regulations made by statutory instrument make provision applying—
a
Part VIII of the M1Local Government Finance Act 1988 (financial administration); and
b
Part II of the M2Audit Commission Act 1998 (accounts and audit of public bodies),
to the Authority, with or without modifications and exceptions.
5
A statutory instrument containing regulations made by virtue of this section shall be subject to annulment in pursuance of a resolution of either House of Parliament.
Heading inserted (31.8.2000 for specified purposes and otherwise 1.4.2001) by 1999 c. 22, s. 83(2) (with Sch. 14 para. 7(2)); S.I. 2000/1920, art. 3(b); S.I. 2001/916, art. 2(a)(i) (subject to transitional provisions in Sch. 2 para. 2)