SCHEDULES

SCHEDULE 13 Amendments of Schedules 23 and 24 to Greater London Authority Act

Workplace parking levy

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(1)

Paragraph 21 (accounts and funds) is amended as follows.

(2)

In sub-paragraphs (1) and (2), for “of their income and expenditure in respect of” substitute “ relating to ”.

(3)

In sub-paragraph (3)—

(a)

for the words from the beginning to “year, each” substitute “ Each ”, and

(b)

for “that year” substitute “ each financial year ”.

(4)

After sub-paragraph (4) insert—

“(4A)

Regulations may make further provision relating to—

(a)

accounts required to be kept under sub-paragraph (1) or (2) above (including provision requiring or allowing the keeping of consolidated accounts relating to more than one licensing scheme); and

(b)

the preparation and publication of statements of such accounts.”

(5)

In sub-paragraph (5)(b), after “account” insert “ (after the application of any of the net proceeds in accordance with the following provisions) ”.