5(1)The Forestry Commissioners shall keep proper accounting records relating to their Welsh finances.
(2)In this Schedule references to the Welsh finances of the Forestry Commissioners are to—
(a)sums within paragraph 4(1) received by them, and
(b)expenditure by them on the exercise of their functions in relation to Wales.
(3)The Forestry Commissioners shall, for each financial year, prepare accounts relating to their Welsh finances in accordance with directions given to them by the Treasury.
(4)The directions which the Treasury may give under sub-paragraph (3) include, in particular, directions as to—
(a)the information to be contained in the accounts and the manner in which it is to be presented,
(b)the methods and principles in accordance with which the accounts are to be prepared, and
(c)the additional information (if any) that is to accompany the accounts.