12(1)DBS must keep its accounts in such form as the Secretary of State decides.
(2)DBS must prepare annual accounts in respect of each financial year in such form as the Secretary of State decides.
(3)Before the end of the specified period following the end of each financial year to which the annual accounts relate DBS must send a copy of the accounts to the Secretary of State and the Comptroller and Auditor General.
(4)The Comptroller and Auditor General must—
(a)examine, certify and report on the annual accounts, and
(b)send a copy of the certified accounts and of the report to the Secretary of State.
(5)The Secretary of State must lay before Parliament each document received under sub-paragraph (4)(b).
(6)The specified period is such period as the Secretary of State directs in writing.