Section 3 Accounts.
(1)
The Secretary of State shall, as respects each financial year, prepare in such form and manner as the Treasury may direct an account of—
(a)
sums received by him under section 1(7) above;
(b)
sums received by him under section 2(1) above; and
(c)
sums issued to him under section 1(8) above,
and of the disposal by him of those sums, and shall send the account to the Comptroller and Auditor General not later than the end of November following the year.
(2)
The Comptroller and Auditor General shall examine, certify and report on the account and lay copies of it, together with his report, before each House of Parliament.