K. R. G. Wijesundara National and Employees Welfare Foundation (Incorporation) Act 2008 · As enacted
8. Accounts and Auditing
Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
Official translationFrom Department of Government Printing, unchanged
( l) The financial year of the Corporation shall be the calendar year.
The Corporation shall cause proper accounts to be kept of its income and expenditure, assets and liabilities and all other transactions of the Corporation.
The accounts of the Corporation shall be audited annually by a qualified auditor appointed by the Coucil.
In this section "qualified auditor" means-
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 Institute ; or
a firm of Accountants, each of the resident partners of which, 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 Institute.
K. R. G. Wijes1111dara National and Employees 7
Welfare Foundation ( luc01poratio11)
Acr, No. 19 o/2008