19(1)The Council shall keep proper accounts of all sums received or paid by them F1. . . U.K.
[F2(1A)Their accounts for each year ending on or before 31st December 2002 shall be audited by the auditors appointed by the Council.
(1B)The Council shall send their accounts for each subsequent year to the Comptroller and Auditor General as soon as reasonably practicable after the end of the year to which the accounts relate.
(1C)The Comptroller and Auditor General shall examine, certify and report on any accounts sent to him under sub-paragraph (1B).
(1D)The Comptroller and Auditor General shall lay before each House of Parliament a copy of any accounts sent to him under sub-paragraph (1B), together with his report on them.]
[F3(2)No person shall be appointed as auditor under this paragraph unless he is eligible for appointment as a [F4statutory auditor under Part 42 of the Companies Act 2006] .]
Textual Amendments
F1Words in Sch. 4 para. 19(1) omitted (23.5.2003) by virtue of The Government Resources and Accounts Act 2000 (Audit of Public Bodies) Order 2003 (S.I. 2003/1326), art. 8(2)
F2Sch. 4 para. 19(1A)-(1D) inserted (23.5.2003) by The Government Resources and Accounts Act 2000 (Audit of Public Bodies) Order 2003 (S.I. 2003/1326), art. 8(3)
F3Schedule 4 para. 19(2) substitued (1. 10. 1991) by S.I. 1991/1997, regs. 2, 4, Sch. para.22
F4Words in Sch 4 para. 19(2) substituted (6.4.2008) by The Companies Act 2006 (Consequential Amendments etc) Order 2008 (S.I. 2008/948), arts. 2(2), 3(1), Sch. 1 para. 1(l) (with arts. 6, 11, 12)