Paragraph 29 I1

(1)

Paragraph 21 (accounts and funds) is amended as follows.

(2)

In sub-paragraphs (1) and (2), for “of their income and expenditure in respect of” substitute “ relating to ”.

(3)

In sub-paragraph (3)—

(a)

for the words from the beginning to “year, each” substitute “ Each ”, and

(b)

for “that year” substitute “ each financial year ”.

(4)

After sub-paragraph (4) insert—

“(4A)
Regulations may make further provision relating to—
(a)
accounts required to be kept under sub-paragraph (1) or (2) above (including provision requiring or allowing the keeping of consolidated accounts relating to more than one licensing scheme); and
(b)
the preparation and publication of statements of such accounts.”

(5)

In sub-paragraph (5)(b), after “account” insert “ (after the application of any of the net proceeds in accordance with the following provisions) ”.

Annotations

Commencement

I1: Sch. 13 para. 29 partly in force; Sch. 13 para. 29 not in force at Royal Assent see s. 275(1); Sch. 13 para. 29 in force (E.) at 1.2.2001 by S.I. 2001/57, art. 3(2), Sch. 3 Pt. I (subject to savings in Sch. 3 Pt. II)