Labuan Financial Services Authority Act 1996 · s 33

Suggest a correction

Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.

What is wrong?Wrong or mistyped wordsWrong structure or numberingWrong title or detailsText that appears twice

What should change, and whyUp to 2,000 characters.The text as it should read (optional)Edit the text above. Up to 20,000 characters.Where you checked it (optional)A link to the official version, if you have one.

The text as we hold it

Open the official text

s 33Accounts and reports

(1)

The Authority shall cause proper accounts of the Fund and proper reports of its activities to be kept and shall, as soon as practicable after the end of each financial year, cause to be prepared—

52 Laws of Malaysia ACT 545

(a)

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

(b)

a statement of its activities, for that financial year.

(2)

The Authority shall as soon as possible send a copy of the statement of accounts certified by the 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 Authority.