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Local Transport Act 2008

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Changes over time for: Cross Heading: Apportionment of net proceeds

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Changes to legislation:

Local Transport Act 2008, Cross Heading: Apportionment of net proceeds is up to date with all changes known to be in force on or before 10 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

Apportionment of net proceedsE+W

12(1)Paragraph 18 is amended as follows.E+W

(2)In sub-paragraph (1) omit “Subject to any provision made by regulations under paragraph 16(2) above,”.

(3)After sub-paragraph (1) insert—

(1A)In the case of a charging scheme which imposes charges in respect of a trunk road, the Secretary of State may require the scheme to include provision for the payment to the Secretary of State of such portion of the net proceeds as is—

(a)provided for by the scheme, or

(b)otherwise determined with the consent of the Secretary of State.

(1B)Any portion of the net proceeds paid to the Secretary of State by virtue of sub-paragraph (1A) shall be available only for application for the purpose of directly or indirectly facilitating the achievement of any policies or proposals relating to transport..

(4)In sub-paragraph (2)—

(a)after “sub-paragraph (1)” insert “or (1A)”;

(b)omit “or regulations under paragraph 16(2) above”.

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