Valid from 03/10/2005

SCHEDULE 1 S The Scottish Further and Higher Education Funding Council

Accounts S

17 (1) The Council must— S

(a) keep proper accounts and accounting records;

(b) prepare in respect of each financial year a statement of accounts; and

(c) send the statement of accounts to the Scottish Ministers,

in accordance with such directions as the Scottish Ministers may give.

(2) The Scottish Ministers must send the statement of accounts to the Auditor General for Scotland for auditing.