SCHEDULE 1The Dunfermline Resolution Fund

PART 1Arrangements for the Dunfermline Resolution Account

Annual report and accounts2

1

The Account Holder must prepare accounts in relation to the operation of the Dunfermline Resolution Account—

a

in such form, and in such manner, as the Treasury specify, and

b

as soon as is reasonably practicable after the end of each financial year in which the Dunfermline Resolution Account is open.

2

The accounts must set out the details of each payment from the Dunfermline Resolution Account.

3

The Comptroller and Auditor General must examine, certify and report on the accounts.

4

The Account Holder must send a copy of the accounts to the Treasury as soon as is reasonably practicable.

5

The Treasury shall lay a copy of the accounts before each House of Parliament.