# Localism Act 2011, Paragraph 10


(1) As soon as reasonably practicable after the end of each financial year, an MDC must—
(a) prepare an annual report on how it has exercised its functions during the year,
(b) include in the report a copy of its audited statement of accounts for the year, and
(c) send a copy of the report to the Mayor and , in the case of an MDC for an area in London, to the London Assembly.
(2) “Financial year”, in relation to an MDC, means a period of 12 months ending with 31 March.

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Source: https://www.legislation.gov.uk/ukpga/2011/20/schedule/21/paragraph/10 (the official version)
Page: https://openlegislation.uk/localism-act-2011/schedule-21/paragraph-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.