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(1)The Lord Chancellor may by regulations made by statutory instrument require magistrates' courts committees—
(a)to keep prescribed accounts and prescribed records in relation to those accounts; and
(b)to cause any such accounts to be audited in accordance with the regulations.
(2)In subsection (1) above “prescribed” means prescribed by the regulations; and a statutory instrument containing (whether alone or with other provisions) regulations made by virtue of this section shall be subject to annulment in pursuance of a resolution of either House of Parliament.