Organization for the Erection of Balana Buddha Statue (Incorporation) Act 2012 · As enacted
11. Audit and Accounts
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
The Corporation shall cause proper accounts t o be kept of all income and expenditure, assets and liabilities and all other transactions of the Corporation.
The Accounts of the Corporation shall be audited by a qualified auditor appointed by the Committee of
Management.
For the purposes of 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 estabished 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.