§ 42 — Submission of reports, accounts, etc.

42.—(1) Within 3 months after the end of each financial year of a licensee or such longer period as the LTA may in writing allow on any particular instance, the licensee must deliver to the LTA —(a)

a report of its operations during that financial year containing such information as is necessary to enable the LTA to assess the licensee; and

(b)

its audited annual balance sheet, profit and loss account and the reports of its auditor and directors.

(2) The report required under subsection (1)(a) must be in such form as may be required by the LTA.

—(1) Within 3 months after the end of each financial year of a licensee or such longer period as the LTA may in writing allow on any particular instance, the licensee must deliver to the LTA —(a)

a report of its operations during that financial year containing such information as is necessary to enable the LTA to assess the licensee; and

(b)

its audited annual balance sheet, profit and loss account and the reports of its auditor and directors.

(2) The report required under subsection (1)(a) must be in such form as may be required by the LTA.