Section 33: Financial Accountability of Children Authority
33.Accounts
(1)The Authority shall keep proper books of accounts of all its income and expenditure and proper records in relation to them.
(2)Subject to any directions given by the Minister, the Authority shall cause to be prepared in respect of each financial year, and not later than three months after the close of the financial year, a statement which shall include a report on the performance of the Authority during that financial year, and the statement shall comprise—
(a)a balance sheet and a statement of income and expenditure of the Authority in respect of that financial year; and
(b)any other information in respect of the financial affairs of the Authority as the Minister may, in writing, require.
Plain English Summary
The National Authority for Children must keep accurate records of all money it receives and spends. Every year, it must prepare a report within three ...
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