# Office of Communications Act 2002, Paragraph 11: Accounts and audit

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

(1) OFCOM shall—
(a) keep proper accounts and proper records in relation to the accounts, and
(b) prepare in respect of each financial year a statement of accounts in such form as the Secretary of State may direct.
(2) OFCOM shall, within such period after the end of the financial year to which it relates as the Secretary of State may direct, send copies of every statement prepared under sub-paragraph (1)(b) to—
(a) the Secretary of State; and
(b) the Comptroller and Auditor General.
(3) The Comptroller and Auditor General shall—
(a) examine, certify and report on every statement sent to him under sub-paragraph (2); ...
(b) lay a copy of the statement and of his report before each House of Parliament , and
(c) send a copy of the statement and of his report to the Scottish Ministers and the Welsh Ministers and the Minister for the Economy in Northern Ireland.
(4) The Scottish Ministers shall lay a copy of the statement and report sent to them under sub-paragraph (3) before the Scottish Parliament.
(5) The Welsh Ministers shall lay a copy of the statement and report sent to them under sub-paragraph (3) before the National Assembly for Wales.
(6) The Minister for the Economy in Northern Ireland shall lay a copy of the statement and report sent to the Minister under sub-paragraph (3) before the Northern Ireland Assembly.

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Source: https://www.legislation.gov.uk/ukpga/2002/11/schedule/paragraph/11 (the official version)
Page: https://openlegislation.uk/office-of-communications-act-2002/schedule/paragraph-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.