SCHEDULES

SCHEDULE 8Monitor

Accounts of Monitor

19(1)Monitor must prepare annual accounts in respect of each financial year.

(2)Monitor must send copies of the annual accounts to the Secretary of State and the Comptroller and Auditor General within such period after the end of the financial year to which the accounts relate as the Secretary of State may direct.

(3)The Comptroller and Auditor General must—

(a)examine, certify and report on the annual accounts, and

(b)lay copies of them and the report before Parliament.