SCHEDULES
SCHEDULE 6 Direct Labour Organisations
Local Government (Scotland) Act 1975 (c. 30)
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 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—
24A
A 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.