8(1)It is the duty of the Director—
(a)to keep proper accounts and proper records in relation to the accounts,
(b)to prepare in respect of each financial year a statement of the accounts in such form as the Secretary of State may direct, and
(c)to send copies of the statement to the Secretary of State and the Comptroller and Auditor General before the end of the month of August next following the financial year to which the statement relates.
(2)The Comptroller and Auditor General must examine, certify and report on each statement received by him in pursuance of this paragraph, and must lay copies of each statement and of his report before each House of Parliament.