37.—(1) The duties under section 114 of the 1988 Act of the chief finance officer of a designated authority shall apply to him on or after the reorganisation date, as regards any preceding year, as if references in subsection (3) of that section to expenditure incurred and resources available to an authority included references to expenditure incurred and resources available to the abolished authority, and, subject to paragraphs (2) and (3), sections 114 to 116 of that Act shall apply accordingly.
(2) Where the chief finance officer of the designated authority has made a report under section 114 of that Act concerning the abolished authority he shall send a copy of it to—
(a)the person who at the time the report is made has the duty to audit the accounts of the abolished authority, and
(b)each person who at that time is a member of the designated authority.
(3) Where the designated authority proposes to hold a meeting under section 115 ofthe 1988 Act in respect of a report concerning the abolished authority the chief finance officer of the designated authority shall—
(a)as soon as is reasonably practicable, notify the person referred to in paragraph (2)(a) of the date, time and place of the proposed meeting; and
(b)as soon as is reasonably practicable after the meeting is held, notify that person of any decision made at the meeting.