Section 88: Transport grants: supplementary.

Local Government Finance Act 1988 · 1988 c. 41View on legislation.gov.uk

Part V: Grants — Chapter 4: Other grants

This section applies for the purposes of section 87 above.

Each of the following is a defined council—

a county council,
a county borough council,and
a metropolitan district council,
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A council's relevant transport expenditure for a financial year is the expenditure it calculates it incurred in the year in connection with—

highways or the regulation of traffic (where the council is English), or
highways, the regulation of traffic or public transport (where the council is Welsh).

But in making the calculation expenditure shall be left out of account unless, at the time the calculation is made, it is capital expenditure for the purposes of Chapter 1 of Part 1 of the Local Government Act 2003 (capital finance).

A council's estimated relevant transport expenditure for a financial year is the expenditure it estimates it will incur in the year in connection with—

highways or the regulation of traffic (where the council is English), or
highways, the regulation of traffic or public transport (where the council is Welsh).

But in making the estimate expenditure shall be left out of account unless, at the time the estimate is made, it is capital expenditure for the purposes of Chapter 1 of Part 1 of the Local Government Act 2003 (capital finance).

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