Malaysia legislation
Section 14
Section 14
(1)
The Council shall keep proper accounts and other records in respect of its operations and shall prepare statement of accounts in respect of each financial year.
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(2)
The accounts of the Council shall be audited annually by the Auditor-General or his authorised representatives.
(3)
The accounts of the Council shall be audited within seven months of the end of each financial year and within such period the Council shall cause a copy of the statement of accounts in such manner as the Minister may require to be transmitted to him together with a copy of any observation made by the Auditor-General or his authorised representatives.
Annual report.