Audit of accounts of pensions funds, etc.E
34 Audit of accounts of pensions funds, etc .E
(1)The [F1Board] shall from time to time appoint an auditor to audit the accounts of any fund or trust administered by the Board, [F2and also the accounts of any moneys received by the Board from the Commissioners F3. . .]
(2)The auditor so appointed shall audit the said accounts [F4annually], and make reports to the Church Assembly upon the accounts audited by him F5. . .
(3)The Board shall present annually to the Church Assembly a report with respect to any such fund or property as aforesaid.
(4)On the thirty-first day of December, nineteen hundred and sixty-four, and [F6thereafter at intervals not exceeding five years], there shall be a valuation of the Clergy (Widows and Dependants) Pensions Fund by an actuary, . . . F7
[F8(5)The requirement imposed by subsection (4) shall cease to apply if the power under section 18A(1) is exercised.]
Textual Amendments
F1Words in s. 34(1) substituted (1.1.1998) by 1997 No. 1, s. 10(1), Sch. Pt. I para. 10(a)(i); Instrument dated 28.11.1997 made by Archbishops of Canterbury and York
F2Words substituted by Church of England (Pensions) Measure 1988 (No. 4, SIF 21:5), ss. 10(3), 18(1), Sch. 2 para. 14
F3Words in s. 34(1) omitted (1.1.1998) by virtue of 1997 No. 1, s. 10(1), Sch. 1 Pt. I para. 10(a)(ii); Instrument dated 28.11.1997 made by Archbishops of Canterbury and York
F4Word in s. 34(2) substituted (1.1.1998) by 1997 No. 1, s. 10(1), Sch. 1 Pt. I para. 10(b); Instrument dated 28.11.1997 made by Archbishops of Canterbury and York
F5Words in s. 34(2) omitted (1.1.1998) by virtue of 1997 No. 1, s. 10(1), Sch. 1 Pt. I para. 10(b); Instrument dated 28.11.1997 made by Archbishops of Canterbury and York
F6Words substituted by Clergy Pensions (Amendment) Measure 1972 (No. 5), s. 5(3)
F7Words repealed by Church of England (Legal Aid and Miscellaneous Provisions) Measure 1988 (No. 1, SIF 21:1), s. 12(b)
F8S. 34(5) inserted (coming into force in accordance with art. 2 of the commencing S.I.) by Pensions (Pre-consolidation) Measure 2018 (No. 2), s. 2(3), Sch. para. 6; S.I. 2018/716, art. 2