SCHEDULES

SCHEDULE 16 The free travel scheme

Annual report of Transport for London

8

With respect to each financial year during which the free travel scheme has effect, the annual report of Transport for London under section 161 of this Act shall contain a statement of—

a

the manner in which the charges fixed under paragraph 5 above in respect of each quarter of that year were calculated; and

b

the aggregate of the amounts paid to Transport for London during that year by London authorities under paragraph 6(1)(a) above.