# The Derby College (Government) Regulations 2001, Paragraph 19: Internal Audit


(1) The Corporation shall, at such times as it considers appropriate, examine and evaluate (or arrange for the examination and evaluation on its behalf of) its systems of internal financial control to ensure that they contribute to the proper, economic, efficient and effective use of the Corporation’s resources.
(2) The Corporation shall not appoint any persons (“internal auditors”) to carry out the activities referred to in paragraph (1) on their behalf if such persons are appointed as external auditors under article 20.

---
Source: https://www.legislation.gov.uk/uksi/2001/3810/schedule/2/paragraph/19 (the official version)
Page: https://openlegislation.uk/derby-college-government-regulations-2001/schedule-2/paragraph-19
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.