Part 2Local authorities: governance and audit

Chapter 3Audit of entities connected with local authorities

Preliminary

36Overview

(1)

This Chapter makes provision for F1the Auditor General for Wales to appoint a person to carry out audit functions in relation to a relevant entity in circumstances where it appears to the authority that the entity is or will be a qualifying F2... Welsh local authority entity.

F3(2)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(3)

In this Chapter, “relevant entity” means—

(a)

a company,

(b)

a limited liability partnership, or

(c)

F4a registered society .

F5(4)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(5)

In this Chapter, “qualifying Welsh local authority entity” means a relevant entity which—

(a)

is connected with a local authority in Wales, and

(b)

meets such other conditions as the Welsh Ministers may by regulations specify.

(6)

In this Chapter, “local authority” means any body which—

(a)

is a local authority for the purposes of section 21 of the Local Government Act 2003 (c. 26) (see subsection (6) of that section and section 23 of that Act), and

(b)

is required to prepare statements of accounts by regulations made under F6... section 39 of the Public Audit (Wales) Act 2004 (c. 23).