Part I Regional development agencies

Financial arrangements

I1C1F215 Audit.

1

The accounts of a regional development agency for each accounting period shall be audited by the Comptroller and Auditor General.

2

A copy of—

a

any accounts of a regional development agency which are audited under subsection (1), and

b

the report made on those accounts by the Comptroller and Auditor General,

shall be sent to the Secretary of State as soon as reasonably practicable after the report is received by the agency; and the Secretary of State shall lay before each House of Parliament a copy of those accounts and that report.

3

In this section—

  • “accounting period” and “accounting records” have the same meanings as in section 14; and

  • references to accounts, in relation to a regional development agency, include any statement prepared by it under that section.

F14

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F15

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