10. Accounts and Audits

Official English translation. The Sinhala text prevails. Open the official Sinhala text, official PDF on documents.gov.lk

(1)

The Board shall cause proper books of accounts to be kept of the income and expenditure, assets and liabilities and all other transactions of the Fund.

(2)

The Board shall cause its books to be balanced as on the thirty-first day of December in each year and shall, before the thirty-first day of March next, cause to be prepared and income and expenditure account and a balance sheet containing a summary of the assets and liabilities of the

Fund made up to the first mentioned date.

(3)

The income and expenditure account and the balance sheet shall be signed by two members of the Board authorized to do so by a resolution passed by the Board.

(4)

The Auditor-General shall audit the accounts of the

Fund every year in accordance with Article 154 of the

Constitution.

Read on from s 11