Local Government Act 1972

Expenses and receiptsE+W

F1147. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .E+W

148 Principal councils’ funds and accounts.E+W

F2(1). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(2)The council of each county shall keep a fund to be known as the county fund . . . F3

(3 )F2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

[F4(4)All receipts of a county council shall be carried to the county fund, and all liabilities falling to be discharged by that council shall be discharged out of that fund.]

(5)Accounts shall be kept of receipts carried to, and payments made out of,

[F5(a)the county fund, in the case of a county, and

(b)the collection fund and the general fund established under sections 89 and 91 of the Local Government Finance Act 1988, in the case of a district or London borough;]

, and any account kept in respect of general expenses only of a principal area shall be called the general account of that area and any account kept in respect of any class of special expenses only of any such area shall be called a special account of that area.

F6149. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .E+W

150 Expenses of parish and community councils.E+W

(1)The sums required to meet the expenses of a F7 . . . community council or a F7 . . . community meeting shall—

(a )F8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(b )F8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(c )F8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

[F9(d)in the case of a community council for a community not grouped under a common community council, be chargeable on the community;

(e)in the case of a common community council for communities so grouped, be chargeable on the communities within the group;

(f)in the case of a community meeting of a community having a separate community council, be chargeable on the community;

(g)in the case of a community meeting of a community grouped under a common community council, be chargeable on the communities within the group;

(h)in the case of a community meeting of a community not having a community council, whether separate or common, be chargeable on the district in which the community is situated:

(2)In a parish having a separate parish council or in a community having a council, whether separate or common, the expenses of the parish meeting or any community meeting shall be paid by the parish or community council.

(3)In a community not having a community council, whether separate or common, the expenses of any community meeting shall be paid by the council of the district in which the community is situated.

F10(4). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(5)Every cheque or other order for the payment of money by a parish or community council shall be signed by two members of the council.

(6)Every parish or community council and the chairman of the parish meeting for a parish not having a separate parish council shall keep such accounts as may be prescribed of the receipts and payments of the council or parish meeting, as the case may be.

(7)References in this section to the expenses of a parish or community meeting include references to the expenses of any poll consequent on a parish or community meeting.

151 Financial administration.E+W

Without prejudice to section 111 above, every local authority shall make arrangements for the proper administration of their financial affairs and shall secure that one of their officers has responsibility for the administration of those affairs.

152 Revenues from undertakings.E+W

Nothing in sections 147 to 150 above shall be construed as requiring or authorising a local authority to apply or dispose of the surplus revenue arising from any undertaking carried on by them otherwise than in accordance with any enactment or instrument applicable to the undertaking.

F11153 Application of capital money on disposal of land.E+W

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F12154–167. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .E+W