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srilawsby aturio
As enacted
Contents

Part IV · Finance

29. Financial year and the audit of accounts

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 Board shall be the calendar year.

(2)

The Council shall cause proper books of accounts to be kept of the income and expenditure, assets and liabilities and all other transactions, of the Board.

(3)

The provisions of Article 154 of the Constitution relating to the audit of the accounts of public corporations shall apply to the audit of the accounts of the Board.

(4)

The provisions of Part II of the Finance Act, No. 38 of 1971, shall mutatis mutandis apply to, and in relation to, the

Board.

(5)

The Council shall be responsible for the submission of final accounts and the annual reports in due time in accordance with the provisions of the Finance Act, No.38 of 1971.

Part V

General

Read on from Part V