Paragraph 13 Accounts and audit
(1)
The Office must—
(a)
keep proper accounts and proper accounting records, and
(b)
in respect of each financial year, prepare a statement of its accounts.
(2)
Every statement of accounts prepared under sub-paragraph (1)(b) must—
(a)
give a true and fair view of the Office’s income and expenditure for the financial year in question and its state of affairs, and
(b)
comply with every requirement relating to the accounts which the Secretary of State has notified to the Office.
(3)
The requirements notified under sub-paragraph (2)(b) may include, in particular, requirements relating to—
(a)
the information to be contained in the statement,
(b)
the manner in which that information is to be presented, and
(c)
the methods and principles according to which the statement is to be prepared.