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Accounts

Volume 307: debated on Monday 2 March 1998

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  • 5.—(1) The Forestry Commissioners shall keep proper accounting records relating to their Welsh finances.
  • (2) In this Schedule references to the Welsh finances of the Forestry Commissioners are to
  • (a) sums within paragraph 4(1) received by them, and
  • (b) expenditure by them on the exercise of their functions in relation to Wales.
  • (3) The Forestry Commissioners shall, for each financial year of the Assembly, prepare accounts relating to their Welsh finances in accordance with directions given to them by the Treasury.
  • (4) The directions which the Treasury may give under subparagraph (3) include, in particular, directions as to—
  • (a) the information to be contained in the accounts and the manner in which it is to be presented,
  • (b) the methods and principles in accordance with which the accounts are to be prepared, and
  • (c) the additional information (if any) that is to accompany the accounts.