SCHEDULES
SCHEDULE 24 Workplace parking levy
Authority’s 10 year plan for the redistributed portion
I1C127
1
This paragraph applies in relation to a licensing scheme which by virtue of paragraph 24(1) above includes provision for a portion of the net proceeds of the scheme (the “redistributed portion”) to be paid by the licensing authority to another body.
2
The Authority shall prepare and submit to the Secretary of State a statement of the Authority’s general plan for the application (whether by the Authority or any other body) of the redistributed portion during the opening ten year period.
3
In sub-paragraph (2) above, “the opening ten year period”, in relation to any licensing scheme, means the period which—
a
begins with the date on which the scheme comes into force; and
b
ends with the tenth financial year that commences on or after that date.
4
An order containing a licensing scheme shall not come into force unless and until any statement required by sub-paragraph (2) above in the case of that scheme has been approved by the Secretary of State.