{
  "url": "https://openlegislation.uk/further-and-higher-education-scotland-act-1992/schedule-2/paragraph-18",
  "json_url": "https://openlegislation.uk/further-and-higher-education-scotland-act-1992/schedule-2/paragraph-18.json",
  "legislation": "ukpga/1992/37",
  "legislation_title": "Further and Higher Education (Scotland) Act 1992",
  "legislation_url": "https://openlegislation.uk/further-and-higher-education-scotland-act-1992",
  "path": "schedule/2/paragraph/18",
  "kind": "paragraph",
  "number": "18",
  "heading": null,
  "text": "(1) It shall be the duty of the board to keep proper accounts and other records.\n(2) The accounts shall be prepared . . . in respect of each financial year in such manner as the Scottish Ministers may direct and the accounts shall be submitted to the Scottish Ministers by such time as they may direct.\n(2A) The Scottish Ministers shall send the accounts to the Auditor General for Scotland for auditing.\n(3) The financial year of the board shall be from 1st April to 31st March.\n(4) The Secretary of State may by order provide that the board shall have a different financial year, and an order under this sub-paragraph may make such consequential provision as appears to the Secretary of State to be necessary or expedient.",
  "extent": "S",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Sch. 2 para. 18 wholly in force at 16.5.1992 see s. 63(2) and S.I. 1992/817, art. 3(2), Sch. 1."
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in Sch. 2 para. 18(2) repealed (1.4.2000) by 2000 asp 1, s. 26(1), Sch. 4 para. 11(3)(a)(i); S.S.I. 2000/10, art. 2(3)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in Sch. 2 para. 18(2) substituted (1.4.2000) by 2000 asp 1, s. 26(1), Sch. 4 para. 11(3)(a)(ii); S.S.I. 2000/10, art. 2(3)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in Sch. 2 para. 18(2) substituted (1.4.2000) by 2000 asp 1, s. 26(1), Sch. 4 para. 11(3)(a)(iii); S.S.I. 2000/10, art. 2(3)"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Sch. 2 para. 18(2A) inserted (1.4.2000) by 2000 asp 1, s. 26(1), Sch. 4 para. 11(3)(b); S.S.I. 2000/10, art. 2(3)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1992/37/schedule/2/paragraph/18",
    "retrieved_at": "2026-10-29T09:35:47.638900+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."
}