This is the original version (as it was originally enacted).
(1)The relevant regulators and the Auditor General for Wales must have regard to the need for co-ordination in the exercise of regulatory functions.
(2)“Regulatory functions” means the relevant functions of the relevant regulators and the functions of the Auditor General for Wales under subsection (7).
(3)In relation to each financial year, the Auditor General for Wales must, after consulting the relevant regulators, produce a timetable for each Welsh improvement authority which sets out the Auditor General’s opinion as to the dates or times in that year at or during which—
(a)the relevant regulators should exercise their relevant functions in relation to the authority; and
(b)the Auditor General should exercise the functions referred to in subsection (7) in relation to the authority.
(4)The duty under subsection (3) may be discharged by the production of a timetable which relates to more than one financial year.
(5)In relation to a Welsh improvement authority, the relevant regulators in exercising their relevant functions and the Auditor General for Wales in exercising the functions referred to in subsection (7) must take all reasonable steps to adhere to the timetable produced in respect of the authority under subsection (3).
(6)The Auditor General for Wales must assist the relevant regulators to comply with their duties under subsections (1) and (5).
(7)The functions of the Auditor General for Wales referred to in subsection (2) are the Auditor General’s functions under—
(a)section 13 and 41 of the Public Audit (Wales) Act 2004; and
(b)sections 17 to 19 of this Measure.
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Text created by the Welsh Assembly Government department responsible for the subject matter of the Measure to explain what the Measure sets out to achieve and to make the Measure accessible to readers who are not legally qualified. Explanatory Notes accompany all Measures of the National Assembly for Wales.
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