32.—(1) The registered provider shall carry on the agency in such a manner as is likely to ensure that it will be financially viable for the purpose of achieving the aims and objectives set out in the statement of purpose.
(2) The registered person shall if the Regulation and Improvement Authority so requests, provide such information and documents to the Regulation and Improvement Authority as it may require for the purpose of considering the financial viability of the agency, including—
(a)the annual accounts of the agency, certified by an accountant;
(b)a reference from a bank expressing an opinion as to the registered provider’s financial standing;
(c)information as to the financing and financial resources of the agency;
(d)where the registered provider is a company, information as to any of its associated companies;
(e)a certificate of insurance for the registered provider in respect of liability which may be incurred by him in relation to the agency in respect of death, injury, public liability, damage or other loss.
(3) The registered person shall—
(a)ensure that adequate accounts are maintained in respect of the agency and kept up to date;
(b)ensure that the accounts give details of the running costs of the agency, including rent, payments under a mortgage and expenditure on salaries and wages of staff; and
(c)supply a copy of the accounts to the Regulation and Improvement Authority at its request.
(4) In this regulation, a company is an associated company of another if one of them has control of the other, or both are under the control of the same person.