{
  "url": "https://openlegislation.uk/horserace-betting-and-olympic-lottery-act-2004/schedule-5/paragraph-25",
  "json_url": "https://openlegislation.uk/horserace-betting-and-olympic-lottery-act-2004/schedule-5/paragraph-25.json",
  "legislation": "ukpga/2004/25",
  "legislation_title": "Horserace Betting and Olympic Lottery Act 2004",
  "legislation_url": "https://openlegislation.uk/horserace-betting-and-olympic-lottery-act-2004",
  "path": "schedule/5/paragraph/25",
  "kind": "paragraph",
  "number": "25",
  "heading": null,
  "text": "(1) The Distributor shall—\n(a) keep proper accounting records, and\n(b) prepare a statement of accounts in respect of each financial year.\n(2) The Distributor shall send a copy of a statement under sub-paragraph (1)(b)—\n(a) to the Secretary of State..., and\n(b) to the Comptroller and Auditor General.\n(3) A copy of a statement must be sent under sub-paragraph (2) within such period, beginning with the end of the financial year to which the statement relates, as the Secretary of State... may, with the consent of the Treasury, direct.\n(4) The Comptroller and Auditor General shall—\n(a) examine, certify and report on a statement received under this paragraph, and\n(b) lay a copy of the statement and his report before Parliament.",
  "extent": "E+W+S",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in Sch. 5 para. 25 omitted (7.7.2010) by virtue of Secretary of State for Culture, Olympics, Media and Sport Order 2010 (S.I. 2010/1551), art. 1(2), Sch. para. 4(i)"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 5 para. 25 in force at 8.7.2005 by S.I. 2005/1831, art. 2"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2004/25/schedule/5/paragraph/25",
    "retrieved_at": "2026-10-29T09:17:00.888714+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."
}