TRANSPORT ACT (NORTHERN IRELAND) 1967 - SECT 52 Accounts, audit and returns.

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TRANSPORT ACT (NORTHERN IRELAND) 1967 - SECT 52

Accounts, audit and returns.

52.(1) The accounts of the undertaking providing or operating railway services
shall be kept in accordance with such directions as may from time to time be
given by the Ministry, and the Railway Companies (Accounts and Returns) Act
1911 shall not apply to that undertaking.

(2) The Holding Company shall furnish to the Ministry at such times as
the Ministry may determine

(a)a copy of audited accounts of the Company and its subsidiaries and a copy
of any reports thereon made by the auditor;

(b)such returns, accounts and other information with respect to its property,
activities, policy and programme and the property, activities, policy and
programme of any company which is its subsidiary or in which it owns a
substantial proportion of the issued capital as the Ministry may require.

(3) The Ministry shall, as soon as practicable after the receipt by it of the
accounts and reports referred to in subsection (2)(a) lay copies thereof
before Parliament.

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Northern Irish Legislation

TRANSPORT ACT (NORTHERN IRELAND) 1967 - SECT 52