ENACTMENT NO. 11 OF 1998 BAITUMAL CORPORATION ENACTMENT 1998
PART IV - FINANCE Charitable Fund
Section 24. Accounts and audit.
(1) The Corporation shall keep proper accounts and other records in relation to its affairs and shall prepare or cause to be prepared a statement of accounts for every financial year.
(2) The accounts of the Corporation shall be audited every year by the Auditor-General or other auditor appointed by the Auditor-General.
(3) Immediately after the accounts of the Corporation for the preceding year have been audited, but not later than six months after the end of the financial year, the Corporation shall send a copy of the audited statement of accounts to the Minister, together with a copy of any observation made by the Auditor-General or other auditor appointed under subsection (2) relating to the said statement of accounts of the Corporation.
(4) The Minister shall direct that a copy of the statement of accounts and Auditor-General's or auditor's observation be forwarded to the Minister.