Accounts
24(1)A public benefit corporation must keep accounts in such form as the regulator may with the approval of the Treasury direct.
(2)The accounts must be audited by the corporation’s auditor.
(3)But the Comptroller and Auditor General may examine—
(a)the accounts,
(b)any records relating to them, and
(c)any report of the auditor on them.
(4)If trustees are appointed under section 51, the Comptroller and Auditor General may also examine—
(a)the accounts kept by the trustees,
(b)any records relating to them, and
(c)any report of an auditor on them.
(5)In auditing the accounts the auditor must comply with any directions given by the regulator as to the standards, procedures and techniques to be adopted.