PART 6Financial provisions
CHAPTER 2Outside Greater London
Income and expenditure in connection with OGL bus lane contraventions28.
(1)
An enforcement authority must keep—
(a)
an account of their income and expenditure, on or after the commencement date, in connection with any functions which the authority has in connection with existing contraventions under the Bus Lane Contraventions (Penalty Charges, Adjudication and Enforcement) (England) Regulations 200531, in consequence of article 3 of the Traffic Management Act 2004 (Commencement No.10 and Savings and Transitional Provisions) (England) Order 202232, and
(b)
an account of their income and expenditure in connection with their functions under Part 6 of the TMA 2004 in relation to OGL bus lane contraventions.
(2)
As soon as reasonably practicable after the end of each financial year, the authority must forward to the Secretary of State a copy of the account for that year.
(3)
At the end of each financial year, any deficit in the account must be made good out of the authority’s general fund.