Commonwealth Development Corporation Act 1999

13Accounts

This section has no associated Explanatory Notes

(1)The Secretary of State shall prepare in respect of each financial year, in such form as the Treasury may direct—

(a)an account of sums (if there are any) issued to him under section 9(2),

(b)an account of sums (if there are any) received by him by virtue of section 9(3), and

(c)an account of the disposal of the sums mentioned in paragraph (b).

(2)An account under subsection (1) shall be sent to the Comptroller and Auditor General not later than the end of the November following the financial year to which it relates.

(3)The Comptroller and Auditor General shall—

(a)examine, certify and report on each account, and

(b)lay copies of the account and of his report before each House of Parliament.