SCHEDULE 2
Financial provisions relating to sections 4 (penalty charges for road traffic contraventions) and 8 to 11 (fixed penalties) of this Act
1.Transport for London and each borough council shall keep accounts...
2.(1) At the end of each financial year any deficit...
3.Any amount not applied by a borough council in any...
4.Any amount not applied by Transport for London in any...
5.(1) This paragraph applies to accounts kept under paragraph 1(a)...
6.The report under paragraph 5 above shall be made as...
7.The purposes referred to in paragraph 2 above are—
8.In paragraph 7 above— “London authority” means a borough council...
9.For the purposes of paragraph 7 above, Transport for London’s...