C4 Part VIII Finance
Expenses and receipts
148 Principal councils’ funds and accounts.
F11
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
C12
The council of each county shall keep a fund to be known as the county fund F2. . .
F13
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F3C24
All receipts of a county council shall be carried to the county fund, and all liabilities falling to be discharged by that council shall be discharged out of that fund.
C35
Accounts shall be kept of receipts carried to, and payments made out of,
F4a
the county fund, in the case of a county, and
b
the collection fund and the general fund established under sections 89 and 91 of the Local Government Finance Act 1988, in the case of a district or London borough;
, and any account kept in respect of general expenses only of a principal area shall be called the general account of that area and any account kept in respect of any class of special expenses only of any such area shall be called a special account of that area.
F55A
Subsections (2) and (4) above shall not apply to the council for a county for any financial year for which that council is, by virtue of section 18(1) of the Local Government Act 1992, a billing authority for that year for the purposes of Part I of the Local Government Finance Act 1992.
F55B
For any financial year for which the council for a county is, by virtue of section 18(1) of the Local Government Act 1992, a billing authority for that year for the purposes of Part I of the Local Government Finance Act 1992, subsection (5)(b) above, and not subsection (5)(a), shall apply in the case of the county.
F66
This section does not apply in relation to a Welsh county council or county borough council.
Pt. VIII (ss. 147–178) modified by S.I. 1983/249, reg. 2, Sch. 4