Northern Ireland Fishery Harbour Authority (Accounts) Regulations (Northern Ireland) 1998

Statutory Rules of Northern Ireland

1998 No. 42

HARBOURS

Northern Ireland Fishery Harbour Authority (Accounts) Regulations (Northern Ireland) 1998

Made

18th February 1998

Coming into operation

30th March 1998

The Department of Agriculture, in exercise of the powers conferred by section 30(1) and (4) of the Harbours Act (Northern Ireland) 1970(1) and now vested in it(2) and of every other power enabling it in that behalf, hereby makes the following regulations:

Citation and commencement

1.  These Regulations may be cited as the Northern Ireland Fishery Harbour Authority (Accounts) Regulations (Northern Ireland) 1998 and shall come into operation on 30th March 1998.

Interpretation

2.  In these Regulations—

“berthing dues” means charges in respect of any vessel for entering, using or leaving a harbour;

“financial year” means the year for which the annual accounts are made up and where the Authority wishes to change the financial year, includes the transitional accounting period adopted for the purpose of effecting that change;

“goods dues” means charges in respect of goods, including fish, livestock and animals of all descriptions, brought into, taken out of or carried through a harbour by a vessel (but not including charges in respect of work performed, services rendered or facilities provided in respect of goods so brought, taken or carried);

“the Authority” means the Northern Ireland Fishery Harbour Authority established by Article 4(1) of the Northern Ireland Fishery Harbour Authority Order (Northern Ireland) 1973(3).

Form of accounts

3.  In respect of any financial year ending after these Regulations come into operation, the annual statement of accounts relating to the Authority shall be in the form, contain the particulars and be compiled in the manner prescribed in the Schedule.

Revocation

4.  The Northern Ireland Fishery Harbour Authority (Accounts) Regulations (Northern Ireland) 1986(4) are hereby revoked.

Sealed with the Official Seal of the Department of Agriculture on

L.S.

G. Lavery

Assistant Secretary

18th February 1998.

SCHEDULE

1.  The annual statement of accounts shall be compiled in accordance with Article 236 of the Companies (Northern Ireland) Order 1986(5), as if the Authority were a company to which Article 235 of that Order applied, and shall comprise:—

(a) A foreword.

(b) An income and expenditure account.

(c) A balance sheet.

(d) A cash flow statement.

(e) A statement of total recognised gains and losses.

(f) Notes to accounts.

2.  The notes to accounts shall give the following additional information:—

(a) A statement of accounting policies.

(b) An analysis of operating income, indicating separately:

(i) berthing dues;

(ii) goods dues;

(iii) revenue from sundry services and facilities;

(iv) other revenue.

(c) An analysis of amounts charged in the accounts for operating and maintenance expenditure.

(d) An analysis of amounts charged in the accounts for administrative expenditure.

(e) Any excluded items.

(f) Methods of financing capital works.

(g) Particulars of the borrowing powers of the Authority and the extent to which these have been exercised.

(h) Details of key corporate financial targets with the performance achieved.

Explanatory Note

(This note is not part of the Regulations.)

These Regulations repeal and replace the Northern Ireland Fishery Harbour Authority (Accounts) Regulations (Northern Ireland) 1986 which are revoked. They prescribe the form of, the particulars to be contained in and the method of compilation of the annual statement of accounts of the Northern Ireland Fishery Harbour Authority.

The Department of Agriculture has prepared a compliance cost assessment in relation to the Regulations and a copy of that assessment is held at Fisheries Division, Annex 5, Castle Grounds, Stormont, Belfast BT4 3PW from where a copy may be obtained on request.

(1)

1970 c. 1 (N.I.)

(2)

S.R. & O. (N.I.) 1973 No. 128

(3)

S.R. & O. (N.I.) 1973 No. 35

(4)

S.R. 1986 No. 51

(5)

1986 No. 1032 (N.I. 6) as amended by 1990 No. 593 (N.I. 5) and 1990 No. 1504 (N.I. 10)