Made | 9th February 2003 | ||
Laid before Parliament | 14th February 2003 | ||
Coming into force | 7th March 2003 |
Keeping and preparation of accounts
3.
- (1) Subject to paragraphs (2) and (3), a charging authority for a scheme shall, during the relevant period -
(2) Subject to paragraph (3), the first statement of accounts for a scheme shall be for the period commencing on the coming into force of the scheme and ending on 31st March in the calendar year following that in which the scheme came into force.
(3) Where a scheme ceases to be in force on a date other than 31st March, the period of the final statement of accounts for that scheme shall end on that other date.
Amounts received in connection with a scheme
4.
The amounts received under or in connection with a scheme shall comprise all income received from the scheme, including: -
Capital expenditure incurred in connection with a scheme
5.
- (1) The costs of constructing any bridge or tunnel of at least 600 metres in length, or any road, where such bridge, tunnel or road is, or is intended to be, comprised in a scheme, shall be regarded by the charging authority as scheme expenses and shall be treated by it as items of capital expenditure.
(2) A charging authority shall regard the following as scheme expenses:
(4) The costs under paragraph (2)(b) shall include, in so far as they relate to the provision of a collection system, the costs of planning, procuring and implementing that system.
Revenue expenditure incurred in connection with a scheme
6.
- (1) A charging authority shall regard the following as scheme expenses:
© Crown copyright 2003 | Prepared 21 February 2003 |