Malaysia legislation

Section 15

of SKILLS DEVELOPMENT FUND ACT 2004

Section 15

(2)

As soon as practicable after the end of each financial year, the Corporation shall cause to be prepared for the financial year—

(a)

a statement of accounts of the Corporation which shall include a balance sheet and an account of its income and expenditure; and

(b)

a statement of its activities.

(3)

The Corporation shall as soon as possible send a copy of the statement of accounts prepared under paragraph (2)(a) and the statement of its activities prepared under paragraph (2)(b), certified by its auditors, and a copy of the auditors’ report to the Minister who shall cause them to be laid before both Houses of Parliament.

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