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23(1)The IPSA must keep proper accounting records.U.K.
(2)The IPSA must, for each financial year, prepare accounts in accordance with directions given to it by the Treasury.
(3)The directions which the Treasury may give under sub-paragraph (2) include, in particular, directions as to—
(a)the information to be contained in the accounts and the manner in which it is to be presented,
(b)the methods and principles in accordance with which the accounts are to be prepared, and
(c)the additional information (if any) that is to accompany the accounts.
(4)The chief executive of the IPSA is to be its accounting officer.