Part 1The Serious Organised Crime Agency

Chapter 1SOCA: establishment and activities

Financial provisions

I120Accounts

1

SOCA must—

a

keep proper accounts and proper records in relation to the accounts; and

b

prepare a statement of accounts in respect of each financial year.

2

A statement of accounts under subsection (1) must be in such form, and contain such information, as the Secretary of State may direct.

3

SOCA must send copies of the statement of accounts for a financial year—

a

to the Secretary of State, and

b

to the Comptroller and Auditor General,

within such period following the end of the financial year as the Secretary of State may specify.

4

The Comptroller and Auditor General must—

a

examine, certify and report on the statement of accounts, and

b

lay copies of the statement and of his report before each House of Parliament.