Section 13 Accounts.C1

England, Wales and Scotland

(1)

The Council shall keep accounts of all sums received or paid by them and the accounts shall be audited by auditors appointed by the Council.

(2)

No person F1shall be appointed under the last foregoing subsection unless he is eligible for appointment as a F2statutory auditor under Part 42 of the Companies Act 2006.

(3)

Copies of the accounts of the Council shall be furnished to any person on application and on payment of such reasonable sum as the Council may determine.

Annotations

Textual amendments

F1: Words in s. 13(2) substituted by virtue of S.I. 1991/1997, reg. 2, Sch. para.12.
F2: Words in s. 13(2) substituted (6.4.2008) by The Companies Act 2006 (Consequential Amendments etc) Order 2008 (S.I. 2008/948), Sch. 1 para. 1(d) (with arts. 6, 11, 12)

Modifications

C1: Functions of Board of Trade now exercisable concurrently by Secretary of State: S.I. 1970/1537, art. 2(1)(a)