4 Ascertainment of expenditure and provision of information
1 Every authority shall furnish to the Secretary of State, in such form as he may direct—
(a) not later than 31st October in each financial year, an estimate of—
(i) the expenditure incurred by the authority in the previous financial year;
(ii) the expenditure likely to be so incurred in the current financial year;
(iii) the expenditure likely to be so incurred in the ensuing financial year;
(iv) if the Secretary of State so requires, the numbers for the current financial year of such categories of staff and students as he may specify; and
(v) if the Secretary of State so requires, the likely numbers for the ensuing financial year of such categories of staff and students as he may specify;
(b) as soon as is practicable after the authority’s accounts have been audited, an account of the expenditure incurred in the year to which the audit relates;
(c) as soon as practicable after the end of each financial year and if the Secretary of State so requires, the actual numbers for that year of such categories of staff and students as the Secretary of State may specify.
2 Where an authority fails to furnish any estimate of expenditure or of numbers or likely numbers in accordance with or required under paragraph (1)(a) above, the Secretary of State may himself make such estimate.
3 For the purposes of paragraphs (1) and (2) above, expenditure means expenditure to which these Regulations apply.