Each fire and rescue authority created by an order under section 4A must keep a fund to be known as the fire fund.
All of the receipts of a fire and rescue authority created by an order under section 4A must be paid into the relevant fire fund.
All of the expenditure of a fire and rescue authority created by an order under section 4A must be paid out of the relevant fire fund.
A fire and rescue authority created by an order under section 4A must keep accounts of payments made into or out of the relevant fire fund.
Subsections (2) and (3) are subject to the provisions of—
the scheme established under section 26 of the Fire Services Act 1947 (Firemen's Pension Scheme) (as continued in force by order under section 36),
a scheme under section 34 (pensions etc), or
scheme regulations within the meaning of the Public Service Pensions Act 2013.
In this section "relevant fire fund", in relation to a fire and rescue authority created by an order under section 4A, means the fire fund which that authority keeps.