Norfolk and Suffolk Broads Act 1988

17 Accounts and auditing

(1) The Authority shall make arrangements for the proper administration of its financial affairs and shall secure that one of its officers has responsibility for the administration of those affairs.

(2) The Authority shall keep a fund, to be known as the general fund.

(3) All receipts of the Authority shall be carried to, and all liabilities falling to be discharged by the Authority shall be discharged out of, the general fund.

(4) The Authority shall keep an account of all receipts carried to, and payments made out of, the general fund.

(5) The Authority shall keep—

(a) an account, to be known as the navigation revenue account, of all income accruing to it in respect of its functions under Part II of this Act, by way of ship, passenger and goods dues under section 26 of the [1964 c. 40.] Harbours Act 1964 and in respect of moorings, and of all expenditure incurred by it in respect of those matters; and

(b) an account, to be known as the general revenue account, of all income and expenditure which it is not required to account for separately.

(6) No expenditure incurred by the Authority wholly or mainly in connection with conserving the natural beauty of any area shall be treated as expenditure to which subsection (5)(a) above applies.

(7) Any deficit in the navigation revenue account shall be made up by contributions from the general revenue account.

(8) No surplus in the navigation revenue account shall be applied otherwise than in connection with the discharge of the Authority’s functions under Part II of this Act or the repayment of contributions made under subsection (7) above.

(9) Any payment made to the Authority by way of grant under this Act shall be credited to the general revenue account.

(10) The following paragraph shall be inserted in section 12(2) of the [1982 c. 32.] Local Government Finance Act 1982 (accounts subject to audit)—

“(ff) the Broads Authority;”.

(11) Without prejudice to any provision of regulations made under section 23 of the Act of 1982 (regulations as to accounts), the Authority shall send a copy of every statement of accounts prepared in accordance with those regulations, together with a copy of any auditor’s report on the accounts in question, to the Secretary of State and to each of the other appointing authorities.

(12) In section 36 of the Act of 1982 (interpretation) the following subsection shall be added at the end—

“(3) In the application of Part III of this Act in relation to the Broads Authority—

(a) any reference to a local government elector shall be construed as a reference to a local government elector for the area of any participating authority (as defined by section 25 of the Norfolk and Suffolk Broads Act 1988); and

(b) the Broads Authority and the Navigation Committee (as so defined) shall each be taken to be a local authority for the purposes of sections 19 and 20.”