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PART 5Funds and auditing

Fund

19.  The Board must—

(a)keep a fund (to be known as the general fund) to which all income of the Board must be carried, and from which all expenditure discharging liabilities must be met; and

(b)keep accounts of income and expenditure of the general fund.

Financial administration

20.  The Board must make arrangements for the proper administration of its financial affairs and appoint a person to be responsible for the administration of those affairs and keeping the accounts of the Board.

Amendment to the Audit Commission Act 1998 and the Greater London Authority Act 1999

21.—(1) In Schedule 2 to the Audit Commission Act 1998(1) (accounts subject to audit), in paragraph 1, after sub-paragraph (bd) add—

(be)the London Waste and Recycling Board;.

(2) In section 60A(3) of the Greater London Authority Act 1999 (confirmation hearings etc for certain appointments by the Mayor), immediately after the entry relating to the chairman of the London Fire and Emergency Planning Authority, add—

Mayor’s representative as chair of the London Waste and Recycling Board (see section 356A below and article 4 of the London Waste and Recycling Board Order 2008);.