Miscellaneous

Financial provisions
40
1
The General Council shall keep proper accounts of all sums received or paid by it and proper records in relation to those accounts.
2
The accounts for each financial year of the General Council shall be audited by persons appointed by the Council.
3
No person may be appointed as an auditor under subsection (2) unless he is eligible for appointment as a company auditor under section 25 of the Companies Act 1989 or Article 28 of the Companies (Northern Ireland) Order 1990.
4
As soon as is reasonably practicable after the accounts of the General Council have been audited, the Council shall—
a
cause them to be published, together with any report on them made by the auditors; and
b
send a copy of the accounts and of any such report to the Privy Council.
5
The Privy Council shall lay any copy sent to them under subsection (4) before each House of Parliament.
1989 c. 40.
S.I. 1990/593 (N.I. 5).