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<p>As per the Government Resources and Accounts Act (2000), there is no legal requirement
for agencies or other public bodies to publish their accounts before the January following
year end.</p><p> </p><p>The Sea Fish Industry Authority (SFIA) and the National Forest
Company (NFC) will not have published their annual report and accounts by 31 July
2018.</p><p> </p><p>The SFIA has historically presented its completed annual report
and accounts after the summer recess. The Authority is working with the Core Department
and the National Audit Office with a view to laying and publishing its annual report
and accounts at an earlier stage in future years.</p><p> </p><p>The NFC converted
to a charity in April 2016. It was agreed between Defra and the National Audit Office
that the 2017-18 annual report and accounts would be produced after recess, to ensure
that the continuing impact of the transfer to charitable status on the business and
the accounts are fully understood, and reflected appropriately in the group consolidated
accounts.</p><p> </p>
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