OpenLegislation

Paragraph 1

Original text. Later amendments are not shown.

For section XI (Trustees to appoint officers, Books and Accounts to be kept) of the Act of 1841 there shall be substituted—

“XL.
(1)

The Board may employ such persons upon such terms as shall appear reasonable to them and shall ensure that accurate financial records of the business of the Trust are kept.

(2)

The financial records will be available for inspection by members of the Board and any person authorised by the Board on reasonable notice during reasonable office hours.

(3)

The Board shall ensure that the Trust’s annual accounts are prepared within six months of the end of each financial year.”.