SCHEDULES

F1SCHEDULE 2 Constitution and proceedings of boards of management

Annotations:
Amendments (Textual)
F1

Sch. 2 wholly in force at 16.5.1992 see s. 63(2) and S.I. 1992/817, art. 3(2), Sch. 1.

Accounts

F218

1

It shall be the duty of the board to keep proper accounts and other records.

2

The accounts shall be prepared and audited in respect of each financial year in such manner as the Secretary of State may direct and the accounts shall be submitted to the Secretary of State as soon as practicable after the end of each financial year.

3

The financial year of the board shall be from 1st April to 31st March.

4

The Secretary of State may by order provide that the board shall have a different financial year, and an order under this sub-paragraph may make such consequential provision as appears to the Secretary of State to be necessary or expedient.