Final accounts
This section has no associated Explanatory Memorandum
5.—(1) The Secretary of State must prepare a statement of accounts of the Distributor for the financial year ending on 31st March 2013 (“the final accounts”).
(2) The final accounts must be prepared in accordance with any directions given by the Secretary of State to the Distributor under paragraph 14 of Schedule 5 to the 2004 Act which had effect during the period covered by the final accounts.
(3) The Secretary of State must send a copy of the final accounts to the Comptroller and Auditor General as soon as reasonably practicable after the dissolution date.
(4) The Comptroller and Auditor General must examine, certify and report on the final accounts and lay a copy of those accounts and that report before Parliament.