Malaysia legislation
Section 27
Section 27
(a)
a statement of accounts of the Board which shall include a balance sheet and an account of its income and expenditure; and
(b)
a statement of its activities.
(2)
The Board shall as soon as possible send a copy of the statement of accounts and the statement of its activities mentioned in subsection (1) certified by auditors and a copy of the auditor’s report to the Minister who shall cause them to be laid before both Houses of
Parliament.
(3)
The Statutory Bodies (Accounts and Annual Reports) Act 1980 [Act 240] shall apply to the Board.
Expenditure and preparation of estimates