SCHEDULES
SCHEDULE 7The Health Research Authority
PART 3Finance and reports
Accounts
I119
1
The HRA must keep accounts in such form as the Secretary of State may determine.
2
The HRA must prepare annual accounts in respect of each financial year in such form as the Secretary of State may determine.
3
The HRA must send copies of the annual accounts to—
a
the Secretary of State, and
b
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 determine.
4
The Comptroller and Auditor General must—
a
examine, certify and report on the annual accounts, and
b
lay copies of them and the report on them before Parliament.
5
In this paragraph and paragraph 20, “financial year” includes the period—
a
beginning with the day on which the HRA is established, and
b
ending with the following 31 March or, if the period ending with that date is 3 months or less, ending with the 31 March following that date.