14(1)The Commission shall prepare a statement of accounts for each financial year in such form as the Secretary of State may direct.E+W+S
(2)The Commission shall send a copy of a statement of accounts under sub-paragraph (1) to—
(a)the Secretary of State, and
(b)the Comptroller and Auditor General.
(3)The Commission must comply with sub-paragraph (2) within such period, beginning with the end of the financial year to which the accounts relate, as the Secretary of State may specify.
(4)The Comptroller and Auditor General shall—
(a)examine a statement sent to him under sub-paragraph (2),
(b)report on it, and
(c)lay a copy of his report before Parliament.
Commencement Information
I1Sch. 4 para. 14 in force at 1.10.2005 by S.I. 2005/2455, art. 2(1), Sch. (with art. 3)