(1)A principal council shall have power to enter into an agreement with any associated company, or with any subsidiary of an associated company, for the provision by the council for that company or (as the case may be) for that s ubsidiary of any administrative, professional or technical services.
(2)Any agreement under this section shall include provision for payment of proper commercial charges in respect of services to be provided under the agreement.
(3)Where a principal council have entered into an agreement under this section, the accounts of that council shall include a separate account in respect of that agreement and—
(a)in England F1..., [F2section 25 of the Local Audit and Accountability Act 2014 (inspection of statements of accounts etc)] shall apply in relation to any such separate account as it applies in relation to any statement of accounts prepared by the council pursuant to [F3section 3(3)] of that Act; and
[F4(aa)in Wales, section 29 of the Public Audit (Wales) Act 2004 (rights of inspection) shall apply in relation to any such separate account as it applies in relation to any statement of accounts prepared by the council pursuant to regulations under section 39 of that Act;]
(b)in Scotland, sections 101 and 105 of the Local Government (Scotland) Act 1973 (rights of inspection and regulations as to accounts) shall have effect as if any reference to an abstract of the accounts of an authority included a reference to any such separate account.
Extent Information
E1This version of this provision extends to England and Wales only; a separate version has been created for Scotland only
Textual Amendments
F1Words in s. 24(3)(a) repealed (E.W.) (1.4.2005) by Public Audit (Wales) Act 2004 (c. 23), s. 73, Sch. 2 para. 7(3), Sch. 4; S.I. 2005/558, art. 2, Sch. 1
F2Words in s. 24(3)(a) substituted (1.4.2015) by Local Audit and Accountability Act 2014 (c. 2), s. 49(1), Sch. 12 para. 18(a); S.I. 2015/841, art. 3(x)
F3Words in s. 24(3)(a) substituted (1.4.2015) by Local Audit and Accountability Act 2014 (c. 2), s. 49(1), Sch. 12 para. 18(b); S.I. 2015/841, art. 3(x)
F4S. 24(3)(aa) inserted (E.W.) (1.4.2005) by Public Audit (Wales) Act 2004 (c. 23), s. 73, Sch. 2 para. 7(3); S.I. 2005/558, art. 2, Sch. 1
(1)A principal council shall have power to enter into an agreement with any associated company, or with any subsidiary of an associated company, for the provision by the council for that company or (as the case may be) for that s ubsidiary of any administrative, professional or technical services.
(2)Any agreement under this section shall include provision for payment of proper commercial charges in respect of services to be provided under the agreement.
(3)Where a principal council have entered into an agreement under this section, the accounts of that council shall include a separate account in respect of that agreement and—
(a)in England F1..., [F2section 25 of the Local Audit and Accountability Act 2014 (inspection of statements of accounts etc)] shall apply in relation to any such separate account as it applies in relation to any statement of accounts prepared by the council pursuant to [F3section 3(3)] of that Act; and
[F4(aa)in Wales, section 29 of the Public Audit (Wales) Act 2004 (rights of inspection) shall apply in relation to any such separate account as it applies in relation to any statement of accounts prepared by the council pursuant to regulations under section 39 of that Act;]
(b)in Scotland, sections 101 and 105 of the Local Government (Scotland) Act 1973 (rights of inspection and regulations as to accounts) shall have effect as if any reference to an abstract of the accounts of an authority included a reference to any such separate account.
Extent Information
E2This version of this provision extends to Scotland only; a separate version has been created for England and Wales only
Textual Amendments
F1Words in s. 24(3)(a) repealed (E.W.) (1.4.2005) by Public Audit (Wales) Act 2004 (c. 23), s. 73, Sch. 2 para. 7(3), Sch. 4; S.I. 2005/558, art. 2, Sch. 1
F2Words in s. 24(3)(a) substituted (1.4.2015) by Local Audit and Accountability Act 2014 (c. 2), s. 49(1), Sch. 12 para. 18(a); S.I. 2015/841, art. 3(x)
F3Words in s. 24(3)(a) substituted (1.4.2015) by Local Audit and Accountability Act 2014 (c. 2), s. 49(1), Sch. 12 para. 18(b); S.I. 2015/841, art. 3(x)
F4S. 24(3)(aa) inserted (E.W.) (1.4.2005) by Public Audit (Wales) Act 2004 (c. 23), s. 73, Sch. 2 para. 7(3); S.I. 2005/558, art. 2, Sch. 1