16(1)The Authority must—
(a)keep proper accounts and proper records in relation to the accounts; and
(b)prepare a statement of accounts in respect of each financial year
in relation to each of the Authority and the Agency.
(2)A statement of accounts under sub-paragraph (1) must be in such form and contain such information as the Scottish Ministers may direct.
(3)The Authority must send a copy of each statement of accounts to the Scottish Ministers.
(4)The Scottish Ministers must send a copy of each statement of accounts to the Auditor General of Scotland for auditing.