- (1) Every district electricity board shall establish a fund to which all receipts by the board shall be carried, and out of which all payments by the board shall be made.
- (2) Every district electricity board shall annually, at such time as the Electricity Commissioners may fix, submit to the Electricity Commissioners such a statement of income and expenditure on revenue account as the Electricity Commissioners may require.
- (3) The accounts of every district electricity board and their officers shall be audited by auditors appointed by the Electricity Commissioners, and the audit shall be conducted in accordance with such Regulations as may be prescribed by the Electricity Commissioners, and the Regulations may apply with the necessary modifications the provisions relating to the accounts and audit of accounts of county councils and their officers.
- (4) Every district electricity board shall annually at such date and in such form as the Electricity Commissioners may prescribe make to the Electricity Commissioners a report of their proceedings during the preceding year.
§ Mr. G. LOCKER-LAMPSONWould it be in order to omit a Sub-section that has been amended in another place?
Mr. DEPUTY-SPEAKERThe hon. Member could not take precedence over the Government in a Motion of this kind.
Lords Amendments: Leave out the words "District Electricity Board" [four times], and insert instead thereof the words, "joint electricity authority." —Agreed to.
In Sub-section (1), leave out the word "board" ["receipts by the board"], and insert instead thereof the word "authority."—Agreed to.
Leave out the word "board" ["payments by the board"], and insert instead thereof the word "authority"—Agreed to.