Commentary on Sections Compensation of victims of overseas terrorism Section 53: Reports, accounts and financial records
234.Section 53 makes provision for an annual report to be made with respect to the operation of the Scheme (subsection (1)). In practice, the Secretary of State will direct the chief executive of the Criminal Injuries Compensation Authority to make such a report. The annual report must be laid before Parliament (subsection (2)). This section also provides for the Secretary of State to nominate a person (again, in practice, the chief executive of the Criminal Injuries Compensation Authority) to keep proper financial records and produce an annual statement of accounts which will be subject to audit by the Comptroller and Auditor General (subsections (3) to (5)).