11After paragraph 9 insert—
“Audit of accounts
9A(1)The consumer financial education body must send a copy of its annual accounts to the Comptroller and Auditor General and the Treasury as soon as is reasonably practicable.
(2)The Comptroller and Auditor General must—
(a)examine, certify and report on accounts received under this paragraph, and
(b)send a copy of the certified accounts and the report to the Treasury.
(3)The Treasury must lay the copy of the certified accounts and the report before Parliament.
(4)The consumer financial education body must send a copy of the certified accounts and the report to the FCA.
(5)Except as provided for by paragraph 9(5), the consumer financial education body is exempt from the requirements of Part 16 of the Companies Act 2006 (audit) and its balance sheet must contain a statement to that effect.
(6)In this paragraph “annual accounts” has the meaning given by section 471 of the Companies Act 2006.”