7(1)In this paragraph “the relevant period” means the period—N.I.
(a)beginning on 1st April 2000; and
(b)ending immediately before the transfer date.
(2)The Board shall—
(a)prepare a statement of accounts for the Authority in respect of the relevant period in such form and containing such information as the Secretary of State may determine;
(b)send copies of that statement to the Secretary of State and the Comptroller and Auditor General within such period after the end of the relevant period as the Secretary of State may direct.
(3)The Comptroller and Auditor General shall—
(a)examine, certify and report on the statement of accounts received by him under sub-paragraph (2)(b); and
(b)lay a copy of the statement of accounts and of his report before each House of Parliament.