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srilawsby aturio
As enacted
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8. Audit of accounts of the Corporation

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 Corporation shall be the calendar year.

(2)

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

(3)

The accounts of the Corporation shall be audited annualy by a qualified auditor.

(4)

In this section “qualified auditor” means —

(i)

an individual who, being a member of the Institute of Chartered Accountants of Sri Lanka, or of any other institute established by law, possesses a certificate to practice as an Accountant issued by the Council of such an Institute; or

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The Future World Organization (Incorporation)

Act, No. 50 of 2009

(ii)

a firm of Accountants, each of the resident partners of which, being a member of the Institute of Chartered

Accountants of Sri Lanka or any other institute established by law, possesses a certificate to practise as an Accountant issued by the Council of such

Institute.

Read on from s 9