# London Local Authorities and Transport for London Act 2003, Paragraph 3


Any amount not applied by a borough council in any financial year may, if that council so determine, 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/2003/3/schedule/2/paragraph/3 (the official version)
Page: https://openlegislation.uk/london-local-authorities-and-transport-for-london-act-2003/schedule-2/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.