As soon as possible after the end of each financial year—
F1(a). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(b)every development corporation shall make to the Secretary of State a report dealing generally with the operations of the corporation during that year, and shall include in the report a copy of their audited accounts for that year,
and the Secretary of State shall lay a copy of every such report[F2F3... of a development corporation] before each House of Parliament.
Textual Amendments
F1S. 70(a) repealed (1.4.2009) by Housing and Regeneration Act 2008 (c. 17), s. 325(1), Sch. 5 para. 23(2), Sch. 16; S.I. 2009/803, arts. 3(1), 10
F2Words in s. 70 inserted (23.5.2003) by Government Resources and Accounts Act 2000 (Audit of Public Bodies) Order 2003 (S.I. 2003/1326), arts. 1, 11(4)(b)
F3Words in s. 70 repealed (1.4.2009) by Housing and Regeneration Act 2008 (c. 17), s. 325(1), Sch. 5 para. 23(3), Sch. 16; S.I. 2009/803, arts. 3(1), 10
(1)Without prejudice to the requirements imposed by section 70 above, [F4every development corporation shall] provide the Secretary of State with such information relating to [F5its] undertaking as the Secretary of State may from time to time require.
(2)For that purpose F6... every development corporation—
(a)shall permit any person authorised by the Secretary of State in that behalf to inspect and copy the accounts, books, documents or papers of the [F7corporation], and
(b)shall afford such explanation of those accounts, books, documents or papers as that person or the Secretary of State may reasonably require.
Textual Amendments
F4Words in s. 71(1) substituted (1.4.2009) by Housing and Regeneration Act 2008 (c. 17), s. 325(1), Sch. 5 para. 24(2)(a); S.I. 2009/803, art. 3(1)
F5Word in s. 71(1) substituted (1.4.2009) by Housing and Regeneration Act 2008 (c. 17), s. 325(1), Sch. 5 para. 24(2)(b); S.I. 2009/803, art. 3(1)
F6Words in s. 71(2) repealed (1.4.2009) by Housing and Regeneration Act 2008 (c. 17), s. 325(1), Sch. 5 para. 24(3)(a), Sch. 16; S.I. 2009/803, arts. 3(1), 10
F7Word in s. 71(2)(a) substituted (1.4.2009) by Housing and Regeneration Act 2008 (c. 17), s. 325(1), Sch. 5 para. 24(3)(b); S.I. 2009/803, art. 3(1)