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srilawsby aturio
As enacted
EnglishSinhala සිංහල, official PDF on documents.gov.lkTamil தமிழ், official PDF on documents.gov.lk
Contents

11. Accounts and audits

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 Board of Directors 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 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 Institute ; or

Sammanthurai Thableekul Islam Arabic College

(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 of any other

Institute established by law possesses a certificate to practice as an Accountant issued by the Council of such Institute.

Read on from s 12