26. Annual financial statement; audit.

The National Debt Commissioners1 must for each year ending on 31 March prepare a statement of the sums credited and debited to the Insolvency Services Investment Account2 in such form and manner as the Treasury may direct and must transmit it to the Comptroller and Auditor General3 before the end of November next following the year4.

The Secretary of State must for each year ending 31 March prepare a statement of the sums received or paid by him