Part III General Accounts Etc
Housing Act 1988 (1988 c 50) | Legislation

Part III General Accounts Etc

Accounts

10

(1)     A trust shall keep proper accounts and other records in relation to them.

(2)     The accounts and records shall show, in respect of the financial year to which they relate, a true and fair view of the trust's activities.

(3)     A trust shall prepare in respect of each financial year a statement of accounts complying with any requirement which the Secretary of State has (with the consent of the Treasury) notified in writing to the trust relating to—

(a)     the information to be contained in the statement;

(b)     the manner in which the information is to be presented; and

(c)     the methods and principles according to which the statement is to be prepared.

(4)     Subject to any requirement notified to the trust under sub-paragraph (3) above, in preparing

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