The Northern Ireland Policing Board Section 7: Accounts and audit
16.This section amends section 12 of the 2000 Act, relating to accounts and audit.
17.The amendments require the Board to draw up separate accounts for each of the amounts placed at the Chief Constable’s disposal for pension and non-pension purposes, and for any amount the Board pays into the Police Service of Northern Ireland Fund (provided for in section 28 of the 1998 Act) and into the Police Property Fund (established by the Police (Disposal of Property) Regulations (Northern Ireland) 1974, made under section 2 of the Police (Property) Act 1897).
18.Subsection (8) provides that the new arrangements will have effect from the financial year 2003/04.