The Police Federation (Scotland) Regulations 2013

Accounts and audit

18.—(1) The joint central committee must—

(a) keep proper accounts and proper records in relation to the accounts; and

(b) as soon as practicable after the end of each yearly period ending on 31st March—

(i) prepare a statement of accounts in respect of that period;

(ii) send a copy of the statement of accounts to an independent auditor for auditing; and

(iii) provide a copy of the statement of accounts, and the independent auditor’s report on those accounts, to the Scottish Ministers.

(2) In this regulation, “independent auditor” means a person who—

(a) is eligible for appointment as a statutory auditor under Chapter 2 of Part 42 of the Companies Act 2006(1); and

(b) if the appointment were an appointment as a statutory auditor, would not be prohibited from acting by section 1214 of that Act (independence requirement).

(1)

2006 c.46; Chapter 2 of Part 42 was relevantly amended by regulations 4, 5 and 6 of the Statutory Auditors and Third Country Auditors Regulations 2007 (S.I. 2007/3494).