Regional Development Banks Act 1997 · As enacted · Part V · Audit of Accounts of the Bank
35. Documents to be transmitted to the Minister to be laid before Parliament
Feedback & supportOfficial English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
The Board shall on the conclusion of every Annual
General Meeting of the Bank, cause a copy each of the following documents which were considered by the shareholders at such Meeting, to be transmitted to the
Minister
the balance sheet ;
the profit and loss account ;
the auditors report ; and
a report of the Chairman of the Board, giving an account of the performance of the Bank during the financial year in respect of which accounts have been prepared.
The Minister shall where not less than fifty per centum of the issued capital of the Bank is owned by Government or any public corporation cause copies of the documents transmitted to him under subsection (1) to be laid before
Parliament.