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UKSolicitorJA, Solicitor
Category: Law
Satisfied Customers: 4312
Experience:  English solicitor with over 12 years experience
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I understand that, by law, the excess revenue (i.e. profit)

Resolved Question:

I understand that, by law, the excess revenue (i.e. profit) from ON-STREET parking schemes has to be ring-fenced by Local Authorities and re-invested in "parking-related" work.
BUT what about the revenue from PCNs issued in OFF-STREET car parks managed (1) by Local Authorities and (2) by Private Landowners?
Submitted: 3 years ago.
Category: Law
Expert:  UKSolicitorJA replied 3 years ago.

That revenue is not ring fenced and may be used by the local authority for any purpose.

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Customer: replied 3 years ago.

Can you please give me a reference to the legal base for your answer?

Expert:  UKSolicitorJA replied 3 years ago.
See here:

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