Section 73
Annual accounts
of Development Financial Institutions Act 2002
A prescribed institution shall, within ninety days after the end of each financial year, or such further period as the Bank may approve, submit to the Bank, in respect of its entire operations inside and outside
Malaysia, a copy each in print and in record stored or recorded by
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electronic means and on electronic medium the following documents in such form as the Bank may specify:
(a)
duly audited revenue account together with supporting statements;
(b)
duly audited profit and loss account and balance sheet together with supporting statements;
(c)
a certificate by the auditor;
(d)
a report by the board of directors on its operations in the financial year; and
(e)
a statutory declaration by one of its non-executive directors and its chief executive officer in respect of matters in paragraphs (a), (b) and (d).
(2)
(Deleted by Act A1502).
(3)
The revenue account, profit and loss account and balance sheet laid before the general meeting of a prescribed institution or submitted to the Registrar of Companies or the Registrar General of Co-operative
Societies shall be in such form as the Bank may specify and the amounts appearing in the revenue account, profit and loss account and balance sheet shall be the same as those reported under this section and any qualification in respect of the returns under this section shall also be incorporated in those accounts.
(4)
A prescribed institution shall submit to the Bank within sixty days from the date of its auditor’s report or such further period as the
Bank may approve—
(a)
a copy of any report made by its auditor to its board of directors following the audit of its annual accounts; and
(b)
a report on the action taken by its board of directors on the auditor’s report.
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(5)
(Deleted by Act A1502).