# The Accounts and Audit Regulations 2015, Regulation 6: Review of internal control system


(1) A relevant authority must, each financial year—
(a) conduct a review of the effectiveness of the system of internal control required by regulation 3; and
(b) prepare an annual governance statement;
(2) If the relevant authority referred to in paragraph (1) is a Category 1 authority, following the review, it must—
(a) consider the findings of the review required by paragraph (1)(a)—
(i) by a committee; or
(ii) by members of the authority meeting as a whole; and
(b) approve the annual governance statement prepared in accordance with paragraph (1)(b) by resolution of—
(i) a committee; or
(ii) members of the authority meeting as a whole.
(3) If the relevant authority referred to in paragraph (1) is a Category 2 authority, following the review it must—
(a) consider the findings of the review by members of the authority meeting as a whole; and
(b) approve the annual governance statement prepared in accordance with paragraph (1)(b) by resolution of members of the authority meeting as a whole.
(4) The annual governance statement, referred to in paragraph (1)(b) must be—
(a) approved in advance of the relevant authority approving the statement of accounts in accordance with regulations 9(2)(b) or 12(2)(b) (as the case may be); and
(b) prepared in accordance with proper practices in relation to accounts .

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Source: https://www.legislation.gov.uk/uksi/2015/234/regulation/6 (the official version)
Page: https://openlegislation.uk/accounts-and-audit-regulations-2015/regulation-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.