# Private Security Industry Act 2001, Paragraph 16

Extent: E+W+S

(1) The Authority shall—
(a) keep proper accounts and proper records in relation to the accounts; and
(b) prepare a statement of accounts in respect of each financial year.
(2) The statement of accounts shall be in such form, and shall contain such information, as the Secretary of State may direct.
(3) The Authority shall, within such period after the end of each financial year as the Secretary of State may direct, send copies of the statement of accounts relating to that year to the Secretary of State , to the Scottish Ministers, to the Department of Justice and to the Comptroller and Auditor General.
(3A) The Scottish Ministers shall present documents received by them under sub-paragraph (3) to the Scottish Parliament.
(3B) The Department of Justice shall lay documents received by it under sub-paragraph (3) before the Northern Ireland Assembly.
(3C) Section 41(3) of the Interpretation Act (Northern Ireland) 1954 applies for the purposes of sub-paragraph (3B) in relation to the laying of documents received under sub-paragraph (3) as it applies in relation to the laying of a statutory document under an enactment.
(4) The Comptroller and Auditor General shall—
(a) examine, certify and report on every statement of accounts sent to him by the Authority under this paragraph; and
(b) lay copies of each such statement and of his report on it before each House of Parliament.

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Source: https://www.legislation.gov.uk/ukpga/2001/12/schedule/1/paragraph/16 (the official version)
Page: https://openlegislation.uk/private-security-industry-act-2001/schedule-1/paragraph-16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

