22E+WThe Authority—
(a)must keep proper accounts and proper records in relation to the accounts, and
(b)must prepare for each accounting year a statement of accounts in such form as the Secretary of State, with the approval of the Treasury, may direct.
Commencement Information
I1Sch. 1 para. 22 in force at 1.11.2011 by S.I. 2011/2597, art. 2
23E+WThe Authority must send a copy of the statement of accounts to the Comptroller and Auditor General as soon as reasonably practicable after the end of the accounting year to which the statement relates.
Commencement Information
I2Sch. 1 para. 23 in force at 1.11.2011 by S.I. 2011/2597, art. 2
24E+WThe Comptroller and Auditor General must—
(a)examine, certify and report on each statement of accounts sent under paragraph 23, and
(b)lay before Parliament a copy of the statement and the Comptroller and Auditor General's report on it.
Commencement Information
I3Sch. 1 para. 24 in force at 1.11.2011 by S.I. 2011/2597, art. 2
25E+WThe Comptroller and Auditor General may inspect any records relating to the accounts.
Commencement Information
I4Sch. 1 para. 25 in force at 1.11.2011 by S.I. 2011/2597, art. 2
26E+WIn paragraphs 22 and 23, “accounting year” means any period of 12 months ending with 31 March.
Commencement Information
I5Sch. 1 para. 26 in force at 1.11.2011 by S.I. 2011/2597, art. 2