240.Section 27 changes the reporting arrangements of ACAS and the CAC. Subsection (1) amends section 253(1) of the 1992 Act changing the period covered by ACAS’s annual report from a calendar year to a financial year. This change means that the periods covered by ACAS’s annual report and its accounts will be the same. Subsection (2) makes the corresponding change to section 265(1) of the 1992 Act to ensure that the periods covered by the CAC’s report and financial accounts will coincide. A similar provision is made in respect of the annual reports of the Certification Officer in Schedule 6, which is dealt with later in this commentary.
Commentary on Sections CAC, ACAS, Commissioners and Certification Officer Section 27: ACAS: Reports