PART 2THE WELSH REVENUE AUTHORITY

Corporate plans, annual reports, accounts etc.

I129Accounts

1

WRA must—

a

keep proper accounting records, and

b

prepare accounts in respect of each financial year in accordance with directions given by the Welsh Ministers.

2

The directions which the Welsh Ministers may give include (among other things) directions as to—

a

the information to be contained in the accounts and the manner in which the accounts are to be presented;

b

the methods and principles in accordance with which the accounts are to be prepared;

c

additional information that is to accompany the accounts.

3

Directions under this section may be varied or revoked at any time.