SCHEDULE 1The Scottish Further and Higher Education Funding Council
17Accounts
1
The Council must—
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.