Overview Functions of Elected Local Policing Authorities Section 21: Police Fund
115.Section 21 requires a police and crime commissioner and the Mayor’s Office for Policing and Crime to maintain a single fund into which all receipts must be paid, and out of which all expenditure must be met. The police and crime commissioner must keep accounts in respect of this fund.
116.The requirement to use the fund for all receipts and expenditure is subject to any contrary provision in regulations made under the Police Pensions Act 1976. The Police Pension Fund Regulations 2007 require forces to maintain a police pension fund that is separate to the police fund.
117.The section replicates the previous provision in relation to police authorities.