Section 32 Expenses and accounts of the Council.

United Kingdom

(1)

F1The Council may allocate any money received by them whether by way of fees or otherwise, other than any sum paid under a financial penalty order or recovered under section 23C(7) above, to any person or body—

(a)

set up to investigate and resolve consumer complaints into the supply of goods and services by registrants; or

(b)

for purposes connected with the profession of optometrist or dispensing optician.

(2)

The Council shall keep accounts of all sums received or paid by them and the accounts for each financial year of the Council shall be audited by auditors to be appointed by them and shall as soon as may be after they have been audited be published and laid before Parliament.

(3)

F2A person shall not be appointed auditor under subsection (2) unless he is eligible for appointment as a F3statutory auditor under Part 42 of the Companies Act 2006 .

Annotations

Textual amendments

F1: S. 32(1) substituted (coming into force in accordance with art. 1(3)-(6) of the amending S.I.) by The Opticians Act 1989 (Amendment) Order 2005 (S.I. 2005/848), art. 23 (with Sch. 2)
F2: S. 32(3): s. 32(3) substituted (1. 10. 1991) by S.I. 1991/1997, reg. 2, Sch. para73 (with reg. 4)
F3: Words in s. 32(3) 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(mm) (with arts. 6, 11, 12)