http://www.legislation.gov.uk/ukpga/1992/13/schedule/1/paragraph/16/2007-05-25Further and Higher Education Act 1992An Act to make new provision about further and higher education.1992-03-06texttext/xmlenStatute Law Database2024-09-03Expert Participation2007-05-25 SCHEDULES SCHEDULE 1 The Further and Higher Education Funding Councils Accounts161It shall be the duty of the council—ato keep proper accounts and proper records in relation to the accounts,bto prepare in respect of each financial year of the council a statement of accounts, andcto send copies of the statement to the Secretary of State and to the Comptroller and Auditor General before the end of the month of August next following the financial year to which the statement relates.2The statement of accounts shall comply with any directions given by the Secretary of State with the approval of the Treasury as to—athe information to be contained in it,bthe manner in which the information contained in it is to be presented, orcthe methods and principles according to which the statement is to be prepared,and shall contain such additional information as the Secretary of State may with the approval of the Treasury require to be provided for the information of Parliament.3The Comptroller and Auditor General shall examine, certify and report on each statement received by him in pursuance of this paragraph and shall lay copies of each statement and of his report before each House of Parliament.4In this paragraph “financial year” means the period beginning with the date on which the council is established and ending with the second 31st March following that date, and each successive period of twelve months.Sch. 1 wholly in force at 6.5.1992 see s. 94(3) and S.I. 1992/831, art. 2, Sch. 1Sch. 1 wholly in force at 6.5.1992 see s. 94(3) and S.I. 1992/831, art. 2, Sch. 1
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<ukm:Alternative Date="2008-03-02" URI="http://www.legislation.gov.uk/ukpga/1992/13/pdfs/ukpga_19920013_en.pdf" Title="Print Version"/>
</ukm:Alternatives>
<ukm:Statistics>
<ukm:TotalParagraphs Value="277"/>
<ukm:BodyParagraphs Value="108"/>
<ukm:ScheduleParagraphs Value="169"/>
<ukm:AttachmentParagraphs Value="0"/>
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<Primary>
<Schedules RestrictEndDate="2008-01-02" RestrictStartDate="2006-04-01" RestrictExtent="E+W+S+N.I.">
<Title> SCHEDULES</Title>
<Schedule DocumentURI="http://www.legislation.gov.uk/ukpga/1992/13/schedule/1/2007-05-25" IdURI="http://www.legislation.gov.uk/id/ukpga/1992/13/schedule/1" NumberOfProvisions="17" RestrictEndDate="2015-09-01" id="schedule-1" RestrictStartDate="1992-05-06" RestrictExtent="E+W+S+N.I.">
<Number>
<CommentaryRef Ref="c11068041"/>
SCHEDULE 1
</Number>
<TitleBlock>
<Title> The Further and Higher Education Funding Councils</Title>
</TitleBlock>
<ScheduleBody>
<Pblock DocumentURI="http://www.legislation.gov.uk/ukpga/1992/13/schedule/1/crossheading/accounts/2007-05-25" IdURI="http://www.legislation.gov.uk/id/ukpga/1992/13/schedule/1/crossheading/accounts" NumberOfProvisions="1" RestrictEndDate="2018-05-24" RestrictExtent="E+W" RestrictStartDate="1992-05-06" id="schedule-1-crossheading-accounts">
<Title> Accounts</Title>
<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/1992/13/schedule/1/paragraph/16/2007-05-25" IdURI="http://www.legislation.gov.uk/id/ukpga/1992/13/schedule/1/paragraph/16" RestrictEndDate="2018-05-24" RestrictStartDate="1992-05-06" id="schedule-1-paragraph-16">
<Pnumber>
<CommentaryRef Ref="c11068241"/>
16
</Pnumber>
<P1para>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1992/13/schedule/1/paragraph/16/1/2007-05-25" IdURI="http://www.legislation.gov.uk/id/ukpga/1992/13/schedule/1/paragraph/16/1" id="schedule-1-paragraph-16-1">
<Pnumber>1</Pnumber>
<P2para>
<Text>It shall be the duty of the council—</Text>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1992/13/schedule/1/paragraph/16/1/a/2007-05-25" IdURI="http://www.legislation.gov.uk/id/ukpga/1992/13/schedule/1/paragraph/16/1/a" id="schedule-1-paragraph-16-1-a">
<Pnumber>a</Pnumber>
<P3para>
<Text>to keep proper accounts and proper records in relation to the accounts,</Text>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1992/13/schedule/1/paragraph/16/1/b/2007-05-25" IdURI="http://www.legislation.gov.uk/id/ukpga/1992/13/schedule/1/paragraph/16/1/b" id="schedule-1-paragraph-16-1-b">
<Pnumber>b</Pnumber>
<P3para>
<Text>to prepare in respect of each financial year of the council a statement of accounts, and</Text>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1992/13/schedule/1/paragraph/16/1/c/2007-05-25" IdURI="http://www.legislation.gov.uk/id/ukpga/1992/13/schedule/1/paragraph/16/1/c" id="schedule-1-paragraph-16-1-c">
<Pnumber>c</Pnumber>
<P3para>
<Text>to send copies of the statement to the Secretary of State and to the Comptroller and Auditor General before the end of the month of August next following the financial year to which the statement relates.</Text>
</P3para>
</P3>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1992/13/schedule/1/paragraph/16/2/2007-05-25" IdURI="http://www.legislation.gov.uk/id/ukpga/1992/13/schedule/1/paragraph/16/2" RestrictEndDate="2018-05-24" id="schedule-1-paragraph-16-2">
<Pnumber>2</Pnumber>
<P2para>
<Text>The statement of accounts shall comply with any directions given by the Secretary of State with the approval of the Treasury as to—</Text>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1992/13/schedule/1/paragraph/16/2/a/2007-05-25" IdURI="http://www.legislation.gov.uk/id/ukpga/1992/13/schedule/1/paragraph/16/2/a" id="schedule-1-paragraph-16-2-a">
<Pnumber>a</Pnumber>
<P3para>
<Text>the information to be contained in it,</Text>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1992/13/schedule/1/paragraph/16/2/b/2007-05-25" IdURI="http://www.legislation.gov.uk/id/ukpga/1992/13/schedule/1/paragraph/16/2/b" id="schedule-1-paragraph-16-2-b">
<Pnumber>b</Pnumber>
<P3para>
<Text>the manner in which the information contained in it is to be presented, or</Text>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1992/13/schedule/1/paragraph/16/2/c/2007-05-25" IdURI="http://www.legislation.gov.uk/id/ukpga/1992/13/schedule/1/paragraph/16/2/c" id="schedule-1-paragraph-16-2-c">
<Pnumber>c</Pnumber>
<P3para>
<Text>the methods and principles according to which the statement is to be prepared,</Text>
</P3para>
</P3>
<Text>and shall contain such additional information as the Secretary of State may with the approval of the Treasury require to be provided for the information of Parliament.</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1992/13/schedule/1/paragraph/16/3/2007-05-25" IdURI="http://www.legislation.gov.uk/id/ukpga/1992/13/schedule/1/paragraph/16/3" id="schedule-1-paragraph-16-3">
<Pnumber>3</Pnumber>
<P2para>
<Text>The Comptroller and Auditor General shall examine, certify and report on each statement received by him in pursuance of this paragraph and shall lay copies of each statement and of his report before each House of Parliament.</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/1992/13/schedule/1/paragraph/16/4/2007-05-25" IdURI="http://www.legislation.gov.uk/id/ukpga/1992/13/schedule/1/paragraph/16/4" id="schedule-1-paragraph-16-4">
<Pnumber>4</Pnumber>
<P2para>
<Text>
In this paragraph “
<Term id="term-financial-year">financial year</Term>
” means the period beginning with the date on which the council is established and ending with the second 31st March following that date, and each successive period of twelve months.
</Text>
</P2para>
</P2>
</P1para>
</P1>
</Pblock>
</ScheduleBody>
</Schedule>
</Schedules>
</Primary>
<Commentaries>
<Commentary id="c11068241" Type="I">
<Para>
<Text>
<CitationSubRef id="c02076" URI="http://www.legislation.gov.uk/id/ukpga/1992/13/schedule/1" SectionRef="schedule-1">Sch. 1</CitationSubRef>
wholly in force at 6.5.1992 see
<CitationSubRef id="c02077" URI="http://www.legislation.gov.uk/id/ukpga/1992/13/section/94/3" SectionRef="section-94-3">s. 94(3)</CitationSubRef>
and
<Citation URI="http://www.legislation.gov.uk/id/uksi/1992/831" id="c02078" Class="UnitedKingdomStatutoryInstrument" Year="1992" Number="831">S.I. 1992/831</Citation>
,
<CitationSubRef id="c02079" URI="http://www.legislation.gov.uk/id/uksi/1992/831/article/2" CitationRef="c02078" SectionRef="article-2">art. 2</CitationSubRef>
,
<CitationSubRef id="c02080" URI="http://www.legislation.gov.uk/id/uksi/1992/831/schedule/1" Operative="true" CitationRef="c02078" SectionRef="schedule-1">Sch. 1</CitationSubRef>
</Text>
</Para>
</Commentary>
<Commentary id="c11068041" Type="I">
<Para>
<Text>
<CitationSubRef id="c02086" URI="http://www.legislation.gov.uk/id/ukpga/1992/13/schedule/1" SectionRef="schedule-1">Sch. 1</CitationSubRef>
wholly in force at 6.5.1992 see
<CitationSubRef id="c02087" URI="http://www.legislation.gov.uk/id/ukpga/1992/13/section/94/3" SectionRef="section-94-3">s. 94(3)</CitationSubRef>
and
<Citation URI="http://www.legislation.gov.uk/id/uksi/1992/831" id="c02088" Class="UnitedKingdomStatutoryInstrument" Year="1992" Number="831">S.I. 1992/831</Citation>
,
<CitationSubRef id="c02089" URI="http://www.legislation.gov.uk/id/uksi/1992/831/article/2" CitationRef="c02088" SectionRef="article-2">art. 2</CitationSubRef>
,
<CitationSubRef id="c02090" URI="http://www.legislation.gov.uk/id/uksi/1992/831/schedule/1" Operative="true" CitationRef="c02088" SectionRef="schedule-1">Sch. 1</CitationSubRef>
</Text>
</Para>
</Commentary>
</Commentaries>
</Legislation>