Malaysia legislation
Section 23
Section 23
⎯(1)
The Board shall keep proper accounts and other records in respect of its operations, and shall cause to be prepared a statement of accounts in respect of each financial year, and shall submit the same to the Auditor-General or other auditor appointed by the Board for audit.
(2)
After the end of each financial year, as soon as the accounts of the Board have been audited, the Board shall cause a copy of the statement of accounts to be transmitted to the Minister, together with a copy of any report or observations made by the auditor on that statement or on the accounts of the Board.
(3)
The Minister shall cause a copy of every such statement and report or observations to be laid before the Dewan Undangan
Negeri.
Borrowing powers