Government Resources and Accounts Bill - continued        House of Lords
Miscellaneous - continued

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Advisory board.     24. - (1) Before-
 
 
    (a) issuing directions under section 5(2), or
 
    (b) determining the form and content of accounts under section 9,
       the Treasury shall consult a group of persons who appear to the Treasury to be appropriate to advise on financial reporting principles and standards.
 
      (2) Before selecting a group for the purpose of subsection (1) the Treasury shall consult the Comptroller and Auditor General.
 
      (3) Where a group is consulted under subsection (1) in a particular year, the Treasury shall arrange for the group to prepare a report for that year-
 
 
    (a) summarising the activities of the group for the purpose of the consultation, and
 
    (b) dealing with such other matters as the group consider appropriate.
      (4) Where a report is prepared under subsection (3), the Treasury shall arrange for it to be laid before the House of Commons.
 
Examinations by Comptroller and Auditor General.     25. - (1) Subsections (2) and (3) have effect in relation to examinations of accounts carried out by the Comptroller and Auditor General under section 6, 7 or 11.
 
      (2) If the Comptroller and Auditor General changes the extent or character of a particular kind of examination, he shall report to the House of Commons.
 
      (3) An examination of accounts carried out by the Comptroller and Auditor General shall be carried out on behalf of the House of Commons.
 
      (4) Subsection (5) applies where the Comptroller and Auditor General examines and certifies accounts of a body by virtue of an enactment or agreement.
 
      (5) Section 8(1) shall apply for the purposes of the examination of the body's accounts as it applies for the purposes of the examination of a department's accounts.
 
      (6) The Treasury may by order provide for the accounts of a body to be audited by the Comptroller and Auditor General.
 
      (7) An order under subsection (6)-
 
 
    (a) may be made in relation to a body only if it appears to the Treasury that the body exercises functions of a public nature or is entirely or substantially funded from public money,
 
    (b) may make such supplementary or consequential provision (including provision amending an enactment) as the Treasury think expedient,
 
    (c) shall not be made unless the Treasury have consulted the Comptroller and Auditor General, and
 
    (d) shall not be made unless a draft of the order has been laid before, and approved by resolution of, each House of Parliament.
Reports of Comptroller and Auditor General.     26. - (1) This section applies where-
 
 
    (a) a report of the Comptroller and Auditor General is required by this Act to be laid before the House of Commons, and
 
    (b) it is not laid by the Treasury within the time allowed by this Act.
      (2) The Comptroller and Auditor General shall lay the report before the House of Commons as soon as possible.
 
      (3) Section 32 of the Exchequer and Audit Departments Act 1866 (reports of the Comptroller and Auditor General) shall cease to have effect.
 
 
General
Interpretation: use of resources.     27. In this Act a reference to the use of resources is a reference to their expenditure, consumption or reduction in value.
 
Interpretation: financial year.     28. In this Act "financial year" means the 12 months ending with 31st March.
 
Amendments and repeals.     29. - (1) Schedule 1 (minor and consequential amendments) shall have effect.
 
      (2) The enactments mentioned in Schedule 2 are hereby repealed.
 
Commencement.     30. - (1) The preceding provisions of this Act, except for sections 16 to 19, shall come into force in accordance with provision made by the Treasury by order.
 
      (2) An order under subsection (1)-
 
 
    (a) shall be made by statutory instrument,
 
    (b) may make transitional provision (including provision for the adaptation of references pending the coming into force of other legislation), and
 
    (c) may make different provision for different purposes.
      (3) The Treasury may by order provide for section 10(2) to (9) to apply in relation to a body as if it were designated in respect of a financial year under section 10(1).
 
      (4) An order under subsection (3) may not specify a body which could not be designated under section 10(1) by virtue of section 10(6).
 
      (5) Before specifying a body in an order under subsection (3) the Treasury shall, where they think it appropriate, consult the National Assembly for Wales.
 
      (6) An order under subsection (3)-
 
 
    (a) shall be made by statutory instrument, and
 
    (b) shall be subject to annulment in pursuance of a resolution of either House of Parliament.
Short title.     31. This Act may be cited as the Government Resources and Accounts Act 2000.
 
 
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