(1)It shall be the duty of SQA to—
(a)keep proper accounts and proper accounting records; and
(b)prepare in respect of each financial year a statement of accounts giving a true and fair view of the state of affairs and the income and expenditure of SQA.
(2)Every statement of accounts prepared by SQA in accordance with this section shall comply with any requirement which the Secretary of State has, with the consent of the Treasury, notified in writing to SQA and which relates to any of the following matters, namely—
(a)the information to be contained in the statement;
(b)the manner in which that information is to be presented; and
(c)the methods and principles according to which the statement is to be prepared.
(3)SQA shall send F1. . . the statement of account to the Secretary of State F2. . . by such date following the end of the financial year as the Secretary of State so directs.
[F3(3A)The Scottish Ministers shall send the statement of accounts to the Auditor General for Scotland for auditing.]
F4(4). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F1Words in s. 16(3) repealed (1.4.2000) by 2000 asp 1, s. 26(1), Sch. 4 para. 15(a); S.S.I. 2000/10, art. 2(3)
F2Words in s. 16(3) repealed (1.4.2000) by 2000 asp 1, s. 26(1), Sch. 4 para. 15(a); S.S.I. 2000/10, art. 2(3)
F3S. 16(3A) inserted (1.4.2000) by 2000 asp 1, s. 26(1), Sch. 4 para. 15(b); S.S.I. 2000/10, art. 2(3)
F4S. 16(4) repealed (1.4.2000) by 2000 asp 1, s. 26(1), Sch. 4 para. 15(c); S.S.I. 2000/10, art. 2(3)