Parliamentary Buildings (Restoration and Renewal) Act 2019

9 (1) The Delivery Authority must keep proper accounts and proper records in relation to them. U.K.

(2) The Delivery Authority must prepare a statement of accounts for each financial year.

(3) [F1 The Corporate Officers] must, after consulting the Delivery Authority, appoint one of the Delivery Authority's executive directors to be the Delivery Authority's accounting officer.

(4) The Delivery Authority's accounting officer is to have, in relation to the Delivery Authority's accounts and finance, the responsibilities that are from time to time specified by [F2 the Corporate Officers].

(5) The reference in sub-paragraph (4) to responsibilities includes—

(a) responsibilities in relation to the signing of accounts;

(b) responsibilities for the propriety and regularity of the Delivery Authority's finances;

(c) responsibilities for the economy, efficiency and effectiveness with which the Delivery Authority's resources are used.

(6) The Delivery Authority must send a copy of the statement of accounts for a financial year to the Comptroller and Auditor General as soon as practicable after the end of that year.

(7) The Comptroller and Auditor General must—

(a) examine, certify and report on the statement of accounts, and

(b) send a copy of the certified statement and of the report to the Sponsor Body as soon as practicable.

(8) The Sponsor Body must, in respect of each financial year, lay before Parliament a copy of the certified statement and report sent under sub-paragraph (7)(b).

(9) The Delivery Authority is exempt from the requirements of Part 16 of the Companies Act 2006 (audit) and its balance sheet must contain a statement to that effect.

Textual Amendments

F1 Words in Sch. 2 para. 9(3) substituted (1.1.2023) by The Parliamentary Works Sponsor Body (Abolition) Regulations 2022 (S.I. 2022/1360), regs. 1, 9(6)(e) (with reg. 11)

F2 Words in Sch. 2 para. 9(4) substituted (1.1.2023) by The Parliamentary Works Sponsor Body (Abolition) Regulations 2022 (S.I. 2022/1360), regs. 1, 9(6)(f) (with reg. 11)