Textual Amendments
F1Word in Sch. 19 substituted (29.12.2003) by Communications Act 2003 (c. 21), s. 411(2), Sch. 15 para. 73(3) (with Sch. 18); S.I. 2003/3142, art. 3(1), Sch. 1 (with art. 11)
Modifications etc. (not altering text)
C1Sch. 19: transfer of functions (29.12.2003) by Communications Act 2003 (c. 21), s. 411(2), Sch. 1 para. 7 (with Sch. 18); S.I. 2003/3142, art. 3(1), Sch. 1 (with art. 11)
11(1)The [F1Service] shall keep proper accounts and proper records in relation to the accounts, and shall prepare in respect of each financial year a statement of accounts in such form as [F2OFCOM] may direct.U.K.
(2)The accounts of the [F1Service] shall be audited by auditors to be appointed by the [F1Service] with the approval of [F2OFCOM] .
F3(3)A person shall not be qualified to be appointed in pursuance of sub-paragraph (2) unless he is eligible for appointment as a [F4statutory auditor under Part 42 of the Companies Act 2006].
(4)The [F1Service] shall at all reasonable times upon demand made by [F2OFCOM] F5... or by any persons authorised by [F6[F2OFCOM] F5... ] in that behalf—
(a)afford to them full liberty to examine the accounts of the [F1Service]; and
(b)furnish them with all forecasts, estimates, information and documents which they may require with respect to the financial transactions and commitments of the [F1Service].
Textual Amendments
F2Words in Sch. 19 substituted (29.12.2003) by Communications Act 2003 (c. 21), s. 411(2), Sch. 15 para. 73(2) (with Sch. 18); S.I. 2003/3142, art. 3(1), Sch. 1 (with art. 11)
F3Sch. 19 para. 11(3) substituted (1.10.1991) by S.I. 1991/1997, reg. 2, Sch. para. 77(7)
F4Words in Sch. 19 para. 11(3) substituted (6.4.2008) by The Companies Act 2006 (Consequential Amendments etc) Order 2008 (S.I. 2008/948), art. 2(2), Sch. 1 para. 1(pp)(iii) (with arts. 6, 11, 12)
F5Words in Sch. 19 para. 11(4) repealed (29.12.2003) Communications Act 2003 (c. 21), s. 411(2), Sch. 15 para. 73(5), Sch. 19(1) (with Sch. 18); S.I. 2003/3142, art. 3(1), Sch. 1 (with art. 11)
F6Words in Sch. 19 para. 11(4) substituted (1.4.1997) by 1996 c. 55, s. 148(1), Sch. 10 Pt. II para. 26(b)(ii); S.I. 1997/1005, art. 4