Article 13 Accounts, etc.
England and Wales
Subject to paragraphs (2) and (3), the Authority shall—
keep a fund (to be known as the general fund) to which all income of the Authority shall be carried, and from which all expenditure discharging liabilities shall be met; and
keep accounts of income and expenditure of the general fund.
The provisions of paragraph (1) are without prejudice to any provision contained in any enactment or instrument requiring the Authority to keep—
a specific fund or funds in respect of specified income and expenditure of the Authority; or
specific accounts in respect of specified income and expenditure of any funds of the Authority.
Nothing in paragraph (1)(a) shall be construed as requiring or authorising the Authority to apply or dispose of the surplus revenue arising from any undertaking carried on by it otherwise than in accordance with any enactment or instrument applicable to the undertaking.