458.Section 308 makes provision for the audit of the LDA. Section 15 of the RDA Act requires that RDAs’ accounts should be audited by the Comptroller and Auditor General, as is normal for non departmental public bodies. Section 308 amends section 15 to provide that the LDA, like the Authority and its other functional bodies, will have its accounts audited by the Audit Commission.  It also requires that a copy of the audited accounts should be sent to the Mayor and to the Chair of the London Assembly.
Commentary on Sections Part V: the London Development Agency Section 308: Audit