Schedules
F1Schedule A1The Institute for Apprenticeships
Accounts and reports
11
1
The IfA must—
a
keep proper accounts and proper records in relation to its accounts, and
b
prepare in respect of each financial year a statement of accounts.
2
Each statement of accounts must comply with any directions given by the Secretary of State as to—
a
the information to be contained in it,
b
the manner in which such information is to be presented, or
c
the methods and principles according to which the statement is to be prepared.
3
The IfA must send a copy of each statement of accounts to—
a
the Secretary of State, and
b
the Comptroller and Auditor General,
before the end of the month of August following the financial year to which the statement relates.
4
The Comptroller and Auditor General must—
a
examine, certify and report on each statement of accounts, and
b
send a copy of each report and certified statement to the Secretary of State.
5
The Secretary of State must lay before Parliament—
a
a copy of each statement sent to the Secretary of State under sub-paragraph (3), and
b
a copy of each report and certified statement sent to the Secretary of State under sub-paragraph (4).
6
“Financial year” has the meaning given by section ZA6(6) (annual and other reports).
Sch. A1 inserted (1.4.2017) by Enterprise Act 2016 (c. 12), s. 44(5), Sch. 4 para. 9; S.I. 2017/346, reg. 2(a)