103AccountsE+W
This section has no associated Explanatory Notes
(1)The regulator shall keep accounts (and records of its accounts).
(2)As soon as is reasonably practicable after the end of each financial year the regulator shall prepare a statement of accounts in respect of that financial year.
(3)The statement must be in such form as the Secretary of State may direct.
(4)The regulator shall, within such period as the Secretary of State may direct, send a copy of the statement to—
(a)the Secretary of State, and
(b)the Comptroller and Auditor General.
(5)The Comptroller and Auditor General shall—
(a)examine, certify and report on the statement, and
(b)lay a copy of the report before Parliament.
Commencement Information
I1S. 103 in force at 8.9.2008 by S.I. 2008/2358, art. 3(1)