(1)In the light of the statements furnished to him under section 12(4) of this Act, the Secretary of State shall prepare a statement of accounts, in such form as the Treasury may direct, showing the financial results for each financial year as respects—
(a)the activities of the Secretary of State in the execution of this Act, other than activities in respect of grants; and .
(b)the activities of all the industrial estates corporations.
(2)The Secretary of State shall on or before 30th November in each year transmit to the Comptroller and Auditor General the statement of accounts prepared by the Secretary of State for the financial year last ended for examination and certification by him ; and copies of every statement of accounts of the Secretary of State, together with the report of the Comptroller and Auditor General thereon, shall be laid by the Secretary of State before Parliament.
(3)As soon as may be after 31st March in each year the Secretary of State shall prepare a report on the discharge of his functions under this Act and under section 12(4) of the [1947 c. 43.] Town and Country Planning (Scotland) Act 1947 and section 67(1) of the [1971 c. 78.] Town and Country Planning Act 1971 and shall lay the report before Parliament.