(1)The Council shall keep proper accounts of all sums received or paid by them and proper records in relation to those accounts.
[F1(2) The Council shall appoint an auditor to the Council who shall be a person eligible for appointment as a company auditor under section 25 of the Companies Act 1989 [F2 or Article 28 of the Companies (Northern Ireland) Order 1990.]]
(3)The Council shall cause their accounts to be audited annually by the auditors to the Council and as soon as is practicable after the accounts for any period have been audited the Council shall cause them to be published and shall send a copy of them to the [F3Treasury] together with a copy of any report of the auditors thereon.
Textual Amendments
F1S. 25(2) substituted (1.10.1991) by S.I. 1991/1997, reg. 2, Sch. para. 30(3) (with reg. 4)
F2Words in s. 25(2) inserted (29.3.1993) by S.R. 1993/67, reg. 2, Sch. para. 7(3) (with reg. 4).
F3Words in s. 25(3) substituted (5.1.1998) by S.I. 1997/2781, art. 8(1), Sch. Pt. II para. 107(with art. 7)