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As enacted
Contents

Part II

31. Financial year and audit of accounts of the Economic Commission

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

(1)

The financial year of the Economic Commission shall be the calendar year.

(2)

The Economic Commission shall cause proper books of accounts to be kept of the income, expenditure, assets and liabilities and all other financial transactions of the

Economic Commission.

(3)

The provisions of Article 154 of the Constitution relating to the audit of the accounts of public corporations shall apply to the audit of accounts of the Economic

Commission.

(4)

The EC Board shall submit the audited statement of accounts together with the auditor’s report to the Minister to be tabled in Parliament.