SCHEDULES

SCHEDULE 1The Commission: Constitution, &c.

Part 3Money

41Financial year

1

The financial year of the Commission shall be the period of 12 months ending with 31st March.

2

But the first financial year of the Commission shall be the period—

a

beginning with the coming into force of section 1, and

b

ending with—

i

the following 31st March, if that section comes into force on 1st April, and

ii

the second following 31st March, in any other case.