s 88 Financial provisions
(1) The appropriate national authority may make provision by regulations— (a) requiring the keeping of accounts, and the preparation and publication of statements of account, of the income and expenditure of enforcement authorities in connection with their functions under this Part, and (b) as to the purposes for which any surpluses may be applied. (2) The regulations may provide— (a) for separate accounts to be kept in respect of an authority's functions in relation to different descriptions of contravention, and (b) for accounts to be kept in respect of an authority's income and expenditure in respect of functions under this Part and such other functions as may be specified in the regulations. (3) The regulations may provide that section 55 of the Road Traffic Regulation Act 1984 (financial provisions relating to income and expenditure from parking places) applies in relation to income and expenditure of enforcement authorities in connection with their functions under this Part of this Act in relation to parking contraventions, subject to such modifications as may be specified in the regulations. (4) The regulations may provide for carrying forward a surplus arising before the commencement of this Part on an account kept under— (a) section 55 of the Road Traffic Regulation Act 1984 as modified by an order under Schedule 3 to the Road Traffic Act 1991 (c. 40) (parking contraventions), (b) regulations under section 144 of the Transport Act 2000 (c. 38) (bus lane contraventions), or (c) Schedule 2 to the London Local Authorities and Transport for London Act 2003 (c. iii) (London lorry ban contraventions or moving traffic contraventions).