Accounts relating to the Foundation
11. The Foundation shall –
(a)keep proper accounts and proper records in relation to the accounts;
(b)prepare a statement of accounts in respect of each financial year which shall contain such information and shall be in such form as the Secretary of State may direct; and
(c)send copies of the statement of accounts to the Secretary of State within such period after the end of the financial year to which the statement relates as the Secretary of State may direct.