Part 2The Board of the Pension Protection Fund

Chapter 6Reviews, appeals and maladministration

The PPF Ombudsman

F1212A.Accounts and audit

(1)

As soon as is reasonably practicable, the PPF Ombudsman shall send to the Comptroller and Auditor General a statement of the PPF Ombudsman’s accounts in respect of a financial year.

(2)

The Comptroller and Auditor General shall—

(a)

examine, certify and report on a statement received under this section; and

(b)

send a copy of the statement and the report to the Secretary of State who shall lay them before Parliament.

(3)

In this section “financial year” means a period of 12 months ending with 31st March.