SCHEDULES

SCHEDULE 11Transitional provisions

F1Payments into the Welsh Consolidated Fund

Annotations:
Amendments (Textual)

F253B

1

No later than four weeks after a certified copy of the accounts of the Auditor General for the financial year ending with 31st March 2007 is laid before the Assembly under paragraph 15(3)(b) of Schedule 8 (as it applies by virtue of paragraph 64C of this Schedule) the Auditor General must pay the required amount into the Welsh Consolidated Fund.

2

The required amount” means a sum equal to the total amount of all monies standing to the credit of the Auditor General immediately before 1st April 2007 except monies within both sub-paragraph (3) and sub-paragraph (4).

3

Monies are within this sub-paragraph if they represent—

a

fees charged by the Auditor General by virtue of Part 1 of the Local Government Act 1999 (best value audits and inspections),

b

grants made to the Auditor General under section 33(3)(b) of that Act (grants in respect of expenditure under that Act),

c

fees charged by the Auditor General by virtue of Part 2 of the Public Audit (Wales) Act 2004 (local government audit), or

d

fees or other sums received by the Auditor General by virtue of section 96C of the Government of Wales Act 1998 (arrangements with relevant authorities).

4

Monies are within this sub-paragraph if they are retained by the Auditor General for use in connection with the exercise of the functions conferred or imposed by, or the exercise of functions pursuant to —

a

Part 1 of the Local Government Act 1999,

b

Part 2 of the Public Audit (Wales) Act 2004, or

c

section 96C of the Government of Wales Act 1998.