From 1 April 2018, a number of functions relating to harbours that are wholly in Wales (other than reserved trust ports) were transferred to the Welsh Ministers.
One such function relates to section 42 of the Harbours Act 1964 which places a duty on every statutory harbour undertaker to prepare an annual statement of accounts relating to the harbour activities and to any associated activities carried out.
There is a duty to submit to the Welsh Ministers a copy of the statement of accounts together with a copy of the auditor’s report on it and a report on the state of affairs disclosed by the statement of accounts.
Statutory harbour undertakers to which this duty applies should refer to section 42 of the Harbours Act 1964 which sets out the relevant duties and also ‘Good governance guidance for ports’ which includes some additional direction on the preparation of annual accounts.
Submission of the documents referred to above can be made via the following e-mail address: email@example.com.