Broadcasting Act 1990

Accounts and auditU.K.

14(1)The Authority shall keep proper accounts and proper records in relation to the accounts, and shall prepare in respect of each financial year a statement of accounts in such form as the Secretary of State may direct with the approval of the Treasury.U.K.

(2)The accounts of the Authority shall be audited by auditors to be appointed by the Authority with the approval of the Secretary of State.

[F1(3)A person shall not be qualified to be appointed as an auditor in pursuance of sub-paragraph (2) unless he is eligible for appointment as a company auditor under section 25 of the Companies Act 1989.]

(4)The Authority shall at all reasonable times upon demand made by the Secretary of State or by any persons authorised by him in that behalf—

(a)afford to him or them full liberty to examine the accounts of the Authority; and

(b)furnish him or them with all forecasts, estimates, information and documents which he or they may require with respect to the financial transactions and commitments of the Authority.

Textual Amendments