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The Accounts and Audit (Wales) Regulations 2005

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Notice of conclusion of audit

17.—(1) As soon as reasonably possible after conclusion of an audit, a local government body to which regulation 10(2) applies shall give notice by advertisement stating that the audit has been concluded and that the statement of accounts is available for inspection by local government electors and including —

(a)a statement of the rights conferred on local government electors by section 29 of the 2004 Act; and

(b)the address at which and the hours during which those rights may be exercised.

(2) As soon as reasonably possible after conclusion of an audit, a body to which regulation 11(2) applies or which is referred to in regulation 11(3) shall display a notice in a conspicuous place or places in the area of the body for a period of at least 14 days stating that the audit has been completed and that the statement of accounts, if the council so decides, the income and expenditure account and the statement of balances, or the record of receipts and payments, as the case may be, required by these Regulations is available for inspection by local government electors and including —

(a)a statement of the rights conferred on local government electors by section 29 of the 2004 Act; and

(b)the address at which and the hours during which those rights may be exercised.

(3) Where any notice by advertisement is given or any notice is displayed pursuant to paragraph (1) or (2) above the statement of accounts, income and expenditure account and the statement of balances, or record of receipts and payments, as the case may be, made available for inspection shall —

(a)if as a result of the auditor’s report any material amendment is required to them, either be revised as a result of the auditor’s report, or be accompanied by a statement of the amendments required as a result of the auditor’s report;

(b)if revised as described in sub–paragraph (a) above, be accompanied by an explanation as to the material respects in which they have been altered as a result of the auditor’s report; and

(c)if revised as described in sub–paragraph (a) above, be accompanied by a statement that they have been prepared as at the date of the original document and not as at the date of the revision and accordingly do not deal with events between those dates.

(4) If as a result of the auditor’s report any material amendment is required to the statement of accounts, income and expenditure account and statement of balances or record of receipts and payment (“the accounts”), the responsible financial officer shall report such amendment to the local government body or the committee of that local government body which approved the accounts pursuant to regulation 9(3) or (4) as soon as reasonably practicable.

(5) A local government body to which this regulation applies shall on giving or displaying a notice under paragraph (1) or (2) notify the auditor immediately in writing that paragraph (1) or (2) has been complied with as appropriate.

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