National Loans Act 1968

21 Audit and accounts

(1) For the financial year ending on 31st March 1969 and each subsequent financial year the Treasury shall prepare in such form as they may prescribe an account of payments into and out of the Consolidated Fund and an account of payments into and out of the National Loans Fund during the year.

(2) The Treasury shall send the accounts to the Comptroller and Auditor General not later than the end of November following the end of the financial year to which they relate, and the Comptroller and Auditor General shall examine, certify and report on the accounts and lay copies of them, together with his report, before each House of Parliament.

(3) For each such financial year the Treasury shall also prepare in such form as they may determine statements containing additional information regarding the transactions, assets and liabilities of the Consolidated Fund and of the National Loans Fund, and shall lay copies of the statements before each House of Parliament not later than 31st December next following the end of the financial year to which the statements relate.

(4) No accounts or statements shall be prepared for any financial year after that ending on 31st March 1968 under—

• section 22 of the [1816 c. 98.] Consolidated Fund Act 1816,

• section 2 of the [1854 c. 94.] Public Revenue and Consolidated Fund Charges Act 1854,

• section 21 of the [1866 c. 39.] Exchequer and Audit Departments Act 1866, or

• section 4 of the [1875 c. 45.] Sinking Fund Act 1875.