Statement of accountsU.K.
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Memorandwm Esboniadol
6. In section 14 of the 1998 Act (accounts and records), the duty in subsection (1)(b) to prepare a statement of accounts shall apply in relation to the exercise by the Agency of the intermediate body functions as if—
(a)the reference to the income of the agency included a reference to the amount of any payment to the Agency of the Fund contribution; and
(b)the reference to the expenditure of the agency included a reference to the expenditure by the Agency of the Fund contribution.