Part II The Fourth Channel in Wales
52 Finances of Welsh Authority and accounts, audit and reports.
(1)
By virtue of section 39(1) sums are payable by the IBA to the Welsh Authority for enabling the Welsh Authority to meet their reasonable outgoings.
(2)
Sections 42 and 43(1) and (2) (accounts, audit and reports) shall apply in relation to the Welsh Authority as they apply in relation to the IBA.