Schedules

Schedule 1The Marine Management Organisation

Accounts and records

I127

1

The MMO must keep proper accounts and proper records in relation to the accounts.

2

For each financial year, the MMO must prepare a statement of accounts in respect of that financial year.

3

The statement must be in such form as the Secretary of State may direct.

4

Within such period as the Secretary of State may direct, the MMO must send a copy of the statement toβ€”

a

the Secretary of State, and

b

the Comptroller and Auditor General.

5

In this paragraph β€œfinancial year” has the same meaning as in paragraph 26.