20AccountsU.K.
(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.
Commencement Information
I1S. 20 in force at 1.4.2006 by S.I. 2006/378, art. 4(1), Sch. para. 4 (with art. 4(2)-(7))