PART III

Accounts and Audit

Audit of accounts

Accounts subject to audit
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1
All accounts to which this section applies shall be made up yearly to 31st March or such other date as the Secretary of State may generally or in any special case direct and shall be audited in accordance with this Part of this Act by an auditor or auditors appointed by the Commission.
2
This section applies to all accounts of—
a
a local authority ;
b
a parish meeting of a parish not having a separate parish council;
c
a committee of a local authority, including a joint committee of two or more such authorities ;
d
the Council of the Isles of Stilly ;
e
any charter trustees constituted under section 246 of the Local Government Act 1972;
f
a port health authority ;
g
a combined police authority ;
h
a fire authority constituted by a combination scheme ;
i
a licensing planning committee ;
j
an internal drainage board ;
k
a children's regional planning committee ; and
l
a probation and after-care committee.
3
This section also applies to the accounts of the rate fund and superannuation fund of the City, that is to say—
a
the accounts relating to the levy and collection of the poor rate and general rate made by the Common Council and to the income and expenditure which falls to be credited in aid of, or to be met out of, the poor rate or the general rate ; and
b
the accounts relating to the superannuation fund established and administered by the Common Council under the Local Government Superannuation Regulations 1974 as amended by the Local Government Superannuation (City of London) Regulations 1977;
and any reference in this Part of this Act to the accounts of a body shall be construed, in relation to the Common Council, as a reference to the accounts of the rate fund and superannuation fund of the City.
4
References in any statutory provision or document to district audit, to audit by a district auditor, to audit in accordance with Part VIII of the Local Government Act 1972 or to professional audit shall be construed, in relation to the accounts of a local authority or other public body, as references to audit as mentioned in subsection (1) above.
1972 c. 70.
S.I. 1974/520.
S.I. 1977/1341.
1972 c. 70.