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Inspection and audit.
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17. Every scheme shall provide for the periodical inspection by an inspector to be appointed by the Lord Lieutenant of any school sharing in any endowment, and for the periodical audit by an auditor of the Local Government Board or other competent authority of the accounts of any endowment dealt with by the scheme; and that the reports of such inspector shall be presented to the Lord Lieutenant. The remuneration of an inspector shall be fixed by the Lord Lieutenant, and shall be defrayed by the governing bodies of such endowments as the scheme may provide.
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