Regulation 76 Accounts and auditI1
Northern Ireland
The Secretary of the Committee shall prepare the financial statements for the financial year ended F331st March 2006 and subsequent financial years in accordance with paragraph (3) and shall forward three copies of the financial statements duly signed and dated by him to the Department not later than 30th June after the expiration of the financial year to which the financial statements relate.
The input period for the purposes of section 238 of the Finance Act 2004 is the year ending 31st March 2007 and each year ending 31st March thereafter.
The financial statements shall comprise –
a Foreword;
a Statement of the Committee’s Responsibilities;
an Accounting Officer’s Statement;
a Fund Account;
a Net Assets Statement; and
F5shall be prepared in accordance with guidance for the time being issued by the Department of Finance and Personnel.
The financial statements shall give a true and fair view of the Fund Account for the financial year, and the Net Assets Statement as at the end of the financial year.
The financial statements kept by the Committee shall be audited annually by a local government auditor who shall report on the financial statements audited and shall send his report, together with two audited copies of the financial statements duly signed and dated by him, to the Department within 14 days after completion of the audit.
The Department on receipt of the local government auditor’s report and the audited copies of the financial statements shall send a copy of such report and financial statements to the Secretary of the Committee who shall –
lay such copy of the report and financial statements before the next meeting of the Committee; and
forward a copy of such report and financial statements to each employing authority.
The local government auditor may require –
the production before him of all documents and financial records of the Committee which he thinks necessary for the purpose of the audit ;
any person holding or accountable for any such documents or financial records to appear before him at the audit or any adjournment thereof ; and
any such person to make and sign a declaration as to the correctness of the documents or financial records.
The Committee shall annually at such time as the Department may direct make to it a report of its proceedings during the preceding year, and the Department shall lay a copy of such report before the Assembly.
Annotations
Textual amendments
- F1
Regulations revoked in pt. (1.4.2015) by The Local Government Pension Scheme (Amendment and Transitional Provisions) Regulations (Northern Ireland) 2014 (S.R. 2014/189), regs. 1(1), 2, Sch. 2 (with reg. 3)
- F2
Regulations revoked in part (1.4.2009) by Local Government Pension Scheme (Amendment and Transitional Provisions) Regulations (Northern Ireland) 2009 (S.R. 2009/34), reg. 1(1), Sch. 1 (with reg. 3)
- F3
Words in reg. 76(2) substituted (1.4.2006) by Local Government Pension Scheme (Amendment No. 2) Regulations (Northern Ireland) 2006 (S.R. 2006/112), regs. 1(1), 2(2)(a)
- F4
Reg. 76(2A) inserted (6.4.2006) by Local Government Pension Scheme (Amendment) Regulations (Northern Ireland) 2007 (S.R. 2007/152), regs. 1(2)(a), 35
- F5
Words in reg. 76(3) substituted (1.4.2006) by Local Government Pension Scheme (Amendment No. 2) Regulations (Northern Ireland) 2006 (S.R. 2006/112), regs. 1(1), 2(2)(b)