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[F111A(1)This paragraph applies to an Integrated Transport Authority's share of the net proceeds of any relevant scheme.E+W
(2)The share of the net proceeds is available only—
(a)for application by the Authority for the purpose of directly or indirectly facilitating the achievement of any of the Authority's local transport policies, or
(b)for application in accordance with sub-paragraph (4) by an authority falling within sub-paragraph (3) selected by the Authority.
(3)The authorities which fall within this sub-paragraph are—
(a)non-metropolitan local traffic authorities;
(b)London traffic authorities and the Greater London Authority.
(4)A share of the net proceeds of a relevant scheme is applied in accordance with this sub-paragraph if it is applied—
(a)by a non-metropolitan local traffic authority for the purpose of directly or indirectly facilitating the achievement of any of its local transport policies, or
(b)by a London traffic authority or the Greater London Authority in accordance with the transport strategy prepared and published under section 142 of the Greater London Authority Act 1999,
in a way which will benefit the whole or any part of the integrated transport area of the Authority.]
Textual Amendments
F1Sch. 12 para. 11A-11C and crossheading inserted (9.2.2009 for E., 1.4.2009 for W.) by Local Transport Act 2008 (c. 26), s. 134(4), Sch. 5 para. 15; S.I. 2009/107, art. 2(2), Sch. 2 Pt. 1; S.I. 2009/579, art. 2(k)
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