Section 27
Accounts and reports
of Agensi Inovasi Malaysia Act 2010
The Agency shall cause to be kept proper accounts of the
Operational Fund and the Innovation Fund and reports of its activities and shall, as soon as practicable after the end of each financial year, caused to be prepared for that financial year—
(a)
a statement of accounts of the Agency which shall include a balance sheet and an account of income and expenditure; and
(b)
a statement of its activities.
(2)
The Agency shall as soon as possible send a copy of the statements of accounts and statements of activities mentioned in subsection (1) certified by the Auditor General and a copy of the
Auditor General’s report to the Prime Minister who shall cause them to be laid before both Houses of Parliament.
(3)
The Statutory Bodies (Account and Annual Reports) Act 1980
[Act 240] shall apply to the Agency.