Schedule 1, Paragraph 20: Accounts
55.The Commission, in accordance with the normal accounting practice for public sector bodies, is required to keep accounts in such form as the Secretary of State directs. The Commission must prepare annual accounts for each financial year and send a copy to the Secretary of State and the Comptroller and Auditor General. The Secretary of State will lay a copy of the annual accounts and the Comptroller and Auditor General’s report before Parliament each year.