Section 68 Audit.

England and Wales

(1)

The accounts F1... of every development corporation shall be audited by an auditor to be appointed annually by the Secretary of State in relation to the F2... corporation.

F3(2)

A person shall not be so appointed auditor unless he is eligible for appointment as a F4statutory auditor under Part 42 of the Companies Act 2006.

F5(2A)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(3)

As soon as the annual F6accounts of a development corporation for any financial year have been audited, the corporation shall send to the Secretary of State a copy of the accounts prepared by F7it for that year in accordance with this section, together with a copy of any report made by the auditor on those accounts.

Annotations

Textual amendments

F1: Words in s. 68(1) repealed (1.4.2009) by Housing and Regeneration Act 2008 (c. 17), s. 325(1), Sch. 5 para. 21(2)(a), Sch. 16; S.I. 2009/803, arts. 3(1), 10
F2: Words in s. 68(1) repealed (1.4.2009) by Housing and Regeneration Act 2008 (c. 17), s. 325(1), Sch. 5 para. 21(2)(b), Sch. 16; S.I. 2009/803, arts. 3(1), 10
F3: S. 68(2) substituted (1.10.1991) by S.I. 1991/1997, reg. 2, Sch. para. 41 (with reg. 4).
F4: Words in s. 68(2) substituted (6.4.2008) by The Companies Act 2006 (Consequential Amendments etc) Order 2008 (S.I. 2008/948), art. 2(2), Sch. 1 para. 1(x) (with arts. 6, 11, 12)
F5: S. 68(2A) repealed (1.4.2009) by Housing and Regeneration Act 2008 (c. 17), s. 325(1), Sch. 5 para. 21(3), Sch. 16; S.I. 2009/803, arts. 3(1), 10
F6: Words in s. 68(3) substituted (1.4.2009) by Housing and Regeneration Act 2008 (c. 17), s. 325(1), Sch. 5 para. 21(4); S.I. 2009/803, art. 3(1)
F7: Word in s. 68(3) substituted (1.4.2009) by Housing and Regeneration Act 2008 (c. 17), s. 325(1), Sch. 5 para. 21(4); S.I. 2009/803, art. 3(1)