Responsibility for financial management
4. In regulation 4 (responsibility for financial management)—
(a)in paragraph (2), omit from “and shall include” to “regulation 12”; and
(b)after paragraph (2), add—
“(3) The findings of the review referred to in paragraph (2) shall be considered by a committee of the relevant body, or by the members of the relevant body meeting as a whole, and following that consideration, shall approve a statement on internal control, prepared in accordance with proper practices in relation to internal control.
(4) The relevant body shall include the statement referred to in paragraph (3) with—
(a)any statement of accounts it is obliged to publish in accordance with regulation 11, or
(b)any income and expenditure account, statement of balances or record of receipts and payments it is obliged to publish or display in accordance with regulation 12.”.