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10. Accounts and audit of the Corporation

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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 books of 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 and the balance sheet shall be audited at least once a year by any qualified auditor or auditors appointed by the Corporation.

(4)

The Accounts of the Corporation and the balance sheet shall be open for inspection of the members of the

Corporation at all reasonable times.

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