Malaysia legislation
Section 15
Section 15
(1)
The Board shall keep or cause to be kept proper accounts and other records in respect of the operation of the Fund and shall prepare statements of accounts in respect of each financial year.
(2)
The Board shall, not later than three months after the end of its financial year, cause the accounts of the Fund to be audited by a duly qualified auditor or firm of auditors who shall be appointed by the Board and who may in like manner be removed.
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(3)
At the end of each financial year and as soon as the accounts of the Fund have been audited, the Board shall cause a copy of the statement of accounts to be submitted to the Minister, together with a copy of the observations made by the auditor on any statement of accounts or on the accounts generally.
Annual report.