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Contents

Part III · Finance

10. Financial year and the audit of the accounts of the Institute

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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 Institute shall be the calendar year.

(2)

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

(3)

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

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