SCHEDULE 12The Information Commissioner
Accounts
11
(1)
The Commissioner must—
(a)
keep proper accounts and other records in relation to the accounts, and
(b)
prepare in respect of each financial year a statement of account in such form as the Secretary of State may direct.
(2)
The Commissioner must send a copy of the statement to the Comptroller and Auditor General—
(a)
on or before 31 August next following the end of the year to which the statement relates, or
(b)
on or before such earlier date after the end of that year as the Treasury may direct.
(3)
The Comptroller and Auditor General must examine, certify and report on the statement.
(4)
The Commissioner must arrange for copies of the statement and the Comptroller and Auditor General's report to be laid before Parliament.
(5)
In this paragraph, “financial year” means a period of 12 months beginning with 1 April.