Housing Corporation16
1
Section 97 of the Housing Associations Act 198524 (accounts and audit of the Housing Corporation) is amended as follows.
2
In subsection (2)25 after “financial year” insert “ending on or before 31st March 2003”.
3
After subsection (2) insert—
2A
The Housing Corporation shall send a copy of the accounts prepared under subsection (1) in respect of each financial year ending on or after 31st March 2004 to the Comptroller and Auditor General as soon as reasonably practicable after the end of the financial year to which the accounts relate.
2B
The Comptroller and Auditor General shall examine and certify the accounts sent to him by the Housing Corporation under subsection (2A) and shall lay before each House of Parliament a copy of the accounts and his report on them.
4
In subsection (3) after “audited” insert “under subsection (2) or (2A)”.