{
  "url": "https://openlegislation.uk/accounts-and-audit-wales-regulations-2014/regulation-7",
  "json_url": "https://openlegislation.uk/accounts-and-audit-wales-regulations-2014/regulation-7.json",
  "legislation": "wsi/2014/3362",
  "legislation_title": "The Accounts and Audit (Wales) Regulations 2014",
  "legislation_url": "https://openlegislation.uk/accounts-and-audit-wales-regulations-2014",
  "path": "regulation/7",
  "kind": "regulation",
  "number": "7",
  "heading": "Internal audit",
  "text": "(1) A relevant body must maintain an adequate and effective system of internal audit of its accounting records and of its system of internal control.\n(2) Any officer or member of that body must, if the body requires—\n(a) make available such documents of the body which relate to its accounting and other records as appear to that body to be necessary for the purpose of the audit; and\n(b) supply the body with such information and explanation as that body considers necessary for that purpose.\n(3) A larger relevant body must, at least once in each year, conduct a review of the effectiveness of its internal audit.\n(4) The findings of the review referred to in paragraph (3) must be considered, as part of the consideration of the system of internal control referred to in regulation 5(3), by the committee or body referred to in that paragraph.",
  "extent": "E+W",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 7 in force at 31.3.2015, see reg. 1(1)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/wsi/2014/3362/regulation/7",
    "retrieved_at": "2026-10-28T23:36:05.615261+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}