PART 10Miscellaneous and general
Regional Transport Partnerships: finance
122Regional Transport Partnerships: finance
1
Section 3 of the Transport (Scotland) Act 2005 (regional Transport Partnerships: funding and borrowing) is amended as follows—
I1a
in subsection (4)—
i
after “its” insert “
estimated
”
,
ii
after “year” where it second occurs insert “
, and of any outstanding expenses from the financial year previous to that year,
”
,
iii
the “or” immediately following paragraph (b) is repealed,
iv
after paragraph (c) insert—
d
by funds held by the Transport Partnership that it allocates to meet expenses for that year.
b
after subsection (4) insert—
4A
A Transport Partnership must, having regard to its transport strategy, prepare a forecast of its net expenses for each financial year and provide a copy of the forecast to—
a
its constituent councils, or
b
where there is only one, that council.
I12
Paragraph 28 of schedule 3 of the Local Government (Scotland) Act 1975 (application of schedule to other bodies) is amended as follows—
a
in sub-paragraph (1), for “and the Strathclyde Passenger Transport Authority” substitute “
, the Strathclyde Passenger Transport Authority and a Transport Partnership created by order under section 1 of the Transport (Scotland) Act 2005
”
,
b
in sub-paragraph (2)—
i
after “this” insert “
Schedule to—
”
,
ii
the “and” immediately following paragraph (a) is repealed,
iii
after paragraph (b) insert
, and
c
a Transport Partnership.
I13
In section 165(6) of the Local Government etc. (Scotland) Act 1994 (meaning of “authority”), for “or the Strathclyde Passenger Transport Authority” substitute “
, the Strathclyde Passenger Transport Authority or a Transport Partnership created by order under section 1 of the Transport (Scotland) Act 2005
”
.