HC Deb 11 August 1911 vol 29 cc1521-2

The Postmaster-General shall within eight months after the end of every financial year in which money is issued or expended under this Act cause to be made out on account, in the form required by the Treasury, showing the money expended and borrowed and the securities created under The Telegraph Act, 1892, The Telegraph (Money) Act, 1896, The Telegraph (Money) Act, 1898, The Telegraph Act, 1899, The Telegraph (Money) Act, 1904, The Telegraph (Money) Act, 1907, and this Act, and the account of the expenditure under those Acts shall be audited and reported on by the Comptroller and Auditor-General as an Appropriation Account in manner directed by The Exchequer and Audit Departments Act, 1866.

This Clause is necessary in order to give the Comptroller and Auditor-General statutory authority to require financial accounts of the transactions connected with the purchase of the National Telephone Company's system, and to submit the same to audit.

Clause read a second time, and added to the Bill.

Mr. HERBERT SAMUEL

I beg to move, after Clause 5, to insert the following.