SCHEDULES

SCHEDULE 13 Amendments of Schedules 23 and 24 to Greater London Authority Act

Road user charging

I19

1

Paragraph 15 (accounts and funds) is amended as follows.

2

In sub-paragraphs (1) and (2), for “of their income and expenditure in respect of” substitute “ relating to ”.

3

In sub-paragraph (3)—

a

for the words from the beginning to “year, each” substitute “ Each ”, and

b

for “that year” substitute “ each financial year ”.

4

After sub-paragraph (4) insert—

4A

Regulations may make further provision relating to—

a

accounts required to be kept under sub-paragraph (1) or (2) above (including provision requiring or allowing the keeping of consolidated accounts relating to more than one charging scheme); and

b

the preparation and publication of statements of such accounts.

5

In sub-paragraph (5)(b), after “account” insert “ (after the application of any of the net proceeds in accordance with the following provisions) ”.