11(1)Schedule 3 to the Local Government (Scotland) Act 1975 shall be amended as follows.
(2)In paragraph 22(1) (local authority funds)—
(a)for “either or both” there shall be substituted “any”, and
(b)after sub-paragraph (b) there shall be inserted—
“(c)a fund (to be known as a “DLO reserve fund”) to which there may be charged any deficit in, or into which there may be paid any surplus of—
(i)any DLO revenue account kept by the authority under section 10(1) of the [1980 c. 65.] Local Government, Planning and Lnad Act 1980;
(ii)any account kept by the authority under section 9(2) of the Local Government Act 1988.”
(3)After paragraph 24 there shall be inserted—
“24AA local authority by whom a DLO reserve fund is established under paragraph 22 above may from time to time—
(a)pay into that fund any surplus; or
(b)charge to that fund any deficit,
referred to in paragraph 22(1)(c) above.”