11(1)The Commission shall keep proper accounts and other records, and shall prepare for each financial year a statement of account in such form as the Secretary of State with the approval of the Treasury may direct and submit those statements of account to the Secretary of State at such time as he may with the approval of the Treasury direct.
(2)The Secretary of State shall, as respects each financial year, send the Commission’s statement of accounts to the Comptroller and Auditor General not later than the end of November following the year.
(3)The Comptroller and Auditor General shall examine, certify and report on the statement of accounts and lay copies of it, together with his report, before each House of Parliament.