Part VThe London Development Agency
308Audit
In section 15 of the [1998 c. 45.] Regional Development Agencies Act 1998 (audit of the regional development agencies) after subsection (3) of that section there shall be inserted—
4
Subsections (1) to (3) do not apply to the London Development Agency (whose accounts are, by virtue of paragraph 1(bc) of Schedule 2 to the [1998 c. 18.] Audit Commission Act 1998, to be audited in accordance with that Act).
5
The London Development Agency shall send a copy of its audited accounts to the Mayor of London and the Chair of the London Assembly.