17(1)The Commission shall—
(a)keep proper accounts and proper records in relation to the accounts;
(b)prepare in respect of each financial year of the Commission a statement of accounts in such form as the Secretary of State may direct; and
(c)send copies of the statement to the Secretary of State and the Comptroller and Auditor General before the end of August in the financial year of the Commission following that to which the statement relates.
(2)The Comptroller and Auditor General shall—
(a)examine, certify and report on every statement received by him by virtue of this paragraph; and
(b)lay copies of every such statement, and of his report on it, before Parliament.