8Final accounts of Corporation

(1)The accounts of the Corporation shall be made up to the appointed day and shall be audited by an auditor appointed by the Corporation, being a person eligible for appointment as a company auditor by virtue of section 25 of the [1989 c. 40.] Companies Act 1989.

(2)The Heritage Foundation shall send copies of the final accounts of the Corporation and the auditor’s report thereon to the North Hertfordshire District Council.

(3)The auditor’s fee shall be payable by the Heritage Foundation.

(4)Any sum certified by the auditor to be due from any person to the Corporation shall be paid to the Heritage Foundation.