Transitory provision: final accounts of the Commission for the New Towns and the Urban Regeneration Agency
4. (1) The HCA shall prepare a statement of the accounts of each of—
(a) the CNT, and
(b) the URA
for the financial year ending on 31st March 2009 (“the final annual accounts”) and the accounts shall be prepared in accordance with the directions issued by the Secretary of State to the CNT and the URA and dated 27th March 2007.
(2) The HCA shall send a copy of the final annual accounts to the Comptroller and Auditor General as soon as reasonably practicable after 31st March 2009.
(3) The Comptroller and Auditor General shall examine, certify and report on the final annual accounts.
(4) As soon as the final annual accounts have been examined, certified and reported on under paragraph (3), the HCA shall send to the Secretary of State a copy of the accounts together with the Comptroller and Auditor General’s report on them.