# London Local Authorities Act 1996, Paragraph 3


If the borough council so determine, any amount not applied in any financial year, instead of being or remaining so appropriated, may be carried forward in the account kept under paragraph 1 above to the next financial year.

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Source: https://www.legislation.gov.uk/ukla/1996/9/schedule/2/paragraph/3 (the official version)
Page: https://openlegislation.uk/london-local-authorities-act-1996/schedule-2/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.