26 Accounts of NDA

26  Accounts of NDA

(1)     The NDA must—

(a)     keep proper accounts and proper accounting records; and

(b)     in respect of each of its accounting years, prepare a statement of its accounts.

(2)     A statement of accounts prepared under this section must give a true and fair view of—

(a)     the income and expenditure of the NDA for the accounting year in question; and

(b)     its state of affairs.

(3)     Such a statement of accounts must comply with every requirement which has been notified by the Secretary of State to the NDA.

(4)     Those requirements may include, in particular, requirements relating to—

(a)     the information to be contained

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