SCHEDULES
SCHEDULE 2TRANSFER OF PROPERTY, RIGHTS, LIABILITIES AND STAFF, ETC.
Accounts and reports for IDB: transitional arrangements
7
1
INI shall make arrangements for—
a
a statement of accounts to be prepared in relation to the Executive of the IDB; and
b
a report to be prepared on the activities of the IDB and the Executive of the IDB,
for the period from 1st April 2001 to the appointed day.
2
The statement of accounts and report shall—
a
be in such form; and
b
contain such information,
as the Department may, with the approval of the Department of Finance and Personnel, direct.
3
INI shall, within such period after the appointed day as the Department may direct—
a
send a copy of the statement of accounts to—
i
the Department; and
ii
the Comptroller and Auditor General; and
b
send a copy of the report to the Department.
4
The Comptroller and Auditor General shall—
a
examine, certify and report on the statement of accounts; and
b
send a copy of his report to the Department.
5
The Department shall lay before the Assembly—
a
a copy of the report received under sub-paragraph (3)(b);
b
a copy of the statement of accounts; and
c
a copy of the Comptroller and Auditor General’s report on the statement of accounts.