art 7 Annual report and accounts of Water Supply Industry Training Board
(1) The provisions of this article shall have effect in the case of the report and statement of accounts required by section 8 (report and accounts of industrial training boards) of the Industrial Training Act 1964 (in this article referred to as “ the 1964 Act ”) to be made and prepared by the Water Supply Industry Training Board (in this article referred to as “ the Training Board ”) . (2) The National Water Council shall, as soon as reasonably practicable after 31st March 1974— (a) prepare, in relation to the financial year ending on that day, a statement of account in respect of the accounts of the Training Board in the form determined in writing on 9th May 1966 by the Minister of Labour in pursuance of section 8(1) of the 1964 Act: and (b) make to the Secretary of State for Employment a report of the activities of the Training Board for the said financial year which shall include the said statement of account together with a copy of any report made on the accounts by auditors appointed in pursuance of section 8(2) of the 1964 Act; and, notwithstanding the dissolution of the Training Board, the provisions of subsections (2) and (4) of the said section 8 shall have effect in relation to the auditing of the accounts of the Training Board and the laying before Parliament of the report required by sub-paragraph (b) above.