Accountability

15Accounts and audit

South of Scotland Enterprise must—

(a)

keep proper accounts and accounting records,

(b)

prepare in respect of each financial year a statement of accounts, and

(c)

send a copy of the statement to the Auditor General for Scotland for auditing.

16Annual report

(1)

South of Scotland Enterprise must, after each financial year—

(a)

prepare and publish a report of its activities during the year, and

(b)

send a copy of the report to the Scottish Ministers.

(2)

The Scottish Ministers are to lay before the Scottish Parliament a copy of each report received by them under subsection (1).