Surpluses to be carried forward
11. Where, immediately before the coming into force of these Regulations there is a surplus in an account which is—
(a)kept under section 55 of the Road Traffic Regulation Act 1984 as modified in relation to that authority by an order made under Schedule 3 to the Road Traffic Act 1991(1); and
(b)kept by a local authority,
the surplus must be carried forward and treated as a surplus arising under section 55 as it is modified by regulation 10.
(1)
In relation to Wales, Schedule 3 was amended by S.I. 1996/500.