# Transport Act 2000, Paragraph 4


References in the following provisions of this Schedule to an authority’s share of the net proceeds of a relevant scheme are—
(a) where the net proceeds of the scheme are apportioned as provided by paragraph 3, to so much of the net proceeds of the scheme as are apportioned to the authority, and
(b) otherwise, to the net proceeds of the scheme.

---
Source: https://www.legislation.gov.uk/ukpga/2000/38/schedule/12/paragraph/4 (the official version)
Page: https://openlegislation.uk/transport-act-2000/schedule-12/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.