# Horserace Betting and Olympic Lottery Act 2004, Paragraph 14

Status: prospective

In section 31 (accounts and reports)—
(a) in subsection (1)—
(i) for “and the Totalisator Board shall each” substitute “ shall ”,
(ii) for “proper statements” substitute “ a proper statement ”,
(iii) omit “of each of the Boards”, and
(iv) omit “in question”, and
(b) for subsection (2) substitute—
“(2) As soon as reasonably practicable after its accounts for a levy period have been audited, the Levy Board shall submit to the Secretary of State a report of its proceedings during that period which shall include the statement of account and the auditor’s report for that period; and the Secretary of State shall lay before Parliament a copy of each report received by him under this subsection.”

---
Source: https://www.legislation.gov.uk/ukpga/2004/25/schedule/2/paragraph/14 (the official version)
Page: https://openlegislation.uk/horserace-betting-and-olympic-lottery-act-2004/schedule-2/paragraph-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.