# Markets And Fairs Clauses Act 1847, Section 50: Annual account to be made up by the undertakers and transmitted to the clerk of the peace in England or Ireland, or to the sheriff clerk in Scotland, and to be open to inspection. Penalty on omission to prepare such account.

Extent: E+W+S+N.I.

And with respect to the receipts and expenditure of the undertakers, be it enacted, that the undertakers shall in every year cause an annual account in abstract to be prepared, showing the whole receipt and expenditure of all rents and other monies levied by virtue of this or the special Act for the year ending the thirty-first day of December, or some other convenient day in each year, under the several distinct heads of receipt and expenditure, with a statement of the balance of such account, duly audited or certified by the chairman of the undertakers, and by the auditors, if any, and shall send a copy of the said account, free of charge, to the clerk of the peace in England and Ireland, and the sheriff clerk in Scotland, of the county in which the market or fair is situate, on or before the expiration of one month from the day on which such accounts shall end, which account shall be open to the inspection of the public at all seasonable hours, on payment of the sum of 5p for every such inspection; and if the undertakers omit to prepare or send such account as aforesaid, they shall forfeit for every such omission the sum of level 2 on the standard scale.

---
Source: https://www.legislation.gov.uk/ukpga/Vict/10-11/14/section/50 (the official version)
Page: https://openlegislation.uk/markets-and-fairs-clauses-act-1847/section-50
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.