PART 4 FINANCIAL PROVISIONS

11 Surpluses to be carried forward
Where, immediately before the coming into force of these Regulations there is a surplus in an account which is—
(a) kept under section 55 of the Road Traffic Regulation Act 1984 as modified in relation to that authority by an order made under Schedule 3 to the Road Traffic Act 1991; and
In relation to Wales, Schedule 3 was amended by S.I.1996/500.
(b) kept by a local authority,
the surplus must be carried forward and treated as a surplus arising under section 55 as it is modified by regulation 10.