SCHEDULES
SCHEDULE 12 Road user charging and workplace parking levy: financial provisions
Application of proceeds by non-metropolitan local traffic authorities
I1C110
1
A relevant scheme made by one or more non-metropolitan local traffic authorities must include—
a
a general plan relating to the application of their shares of the net proceeds of the relevant scheme during the opening ten year period, and
b
a detailed programme for the application of their shares of the net proceeds of the relevant scheme during F1the opening five year period.
2
In this Schedule—
a
“the opening ten year period” means the period which begins with the date on which the relevant scheme comes into force and ends with the tenth financial year that commences on or after that date, and
F2b
“the opening five year period” means the period which begins with that date and ends with the fifth financial year that commences on or after that date.