SCHEDULE 2Transitional, transitory and saving provisions

Financial and audit matters13

1

The General Council—

a

must prepare a statement of the Board’s accounts in respect of a period ending immediately before the appointed day;

b

must submit a report on the performance of the Board for the period since the last report under article 27(1) of the 2003 Order; and

c

may do anything else that appears to the General Council to be necessary or expedient in consequence of the abolition of the Board.

2

Notwithstanding their revocation, articles 27(2) to (4) and 29(2) to (9) of the 2003 Order apply in respect of the accounts or report prepared or submitted in accordance with sub-paragraph (1) as if they had been prepared by the Board and references in those articles to the Board shall be read as references to the General Council.