Budget Responsibility and National Audit Act 2011 (c. 4)

Part 2 U.K. National audit

Valid from 01/11/2011

National Audit Office U.K.

20 Incorporation of NAO U.K.

(1) There is to be a body corporate called the National Audit Office (or, in Welsh, Y Swyddfa Archwilio Genedlaethol).

(2) In this Part “NAO” means the National Audit Office.

(3) Schedule 2 contains provision about NAO.

Valid from 01/04/2012

21 Efficiency etc U.K.

NAO must aim to carry out its functions efficiently and cost-effectively.

Valid from 01/01/2012

22 Relationship with Comptroller and Auditor General U.K.

Schedule 3 contains provision about the relationship between NAO and the Comptroller and Auditor General.

Valid from 01/01/2012

23 NAO's expenditure U.K.

(1) NAO's expenditure is to be paid out of money provided by Parliament.

(But see sections 13(5) and 24(1) and paragraph 6(2) of Schedule 2.)

(2) For each financial year NAO and the Comptroller and Auditor General must jointly prepare an estimate of NAO's use of resources.

(3) This must cover (in particular) the resources required for the purposes of paragraph 2(1) of Schedule 3 (which requires NAO to provide resources for the Comptroller and Auditor General's functions).

(4) The person who chairs NAO and the Comptroller and Auditor General must jointly submit the estimate to the Public Accounts Commission.

(5) The Commission must—

(a) review the estimate, and

(b) lay it before the House of Commons with such modifications (if any) as the Commission considers appropriate.

(6) In doing this the Commission must have regard to any advice given by the Committee of Public Accounts or the Treasury.