Section 58
Accounts and audits
of Perbadanan Pembangunan Ekonomi Sarawak Ordinance, 1958
—
(1)
The Corporation shall keep accounts of its transactions to the satisfaction of the Majlis Mesyuarat Kerajaan Negeri, and its accounts shall be audited annually by an auditor appointed by the
Minister.
[Mod. Swk. L.N. 68/64.]
(2)
The members, and the officers and servants of the
Corporation shall grant to the auditor appointed to audit the accounts of the Corporation under subsection (1) access to all books, documents, cash and securities of the Corporation, and shall give to him on request all such information as may be within their knowledge in relation to the operation of the Corporation.
[Am. Ord. No. 19/71.]
(3)
The Corporation may, with the prior approval of the
Minister, write off bad debts and for the purpose of this subsection, the expression “bad debt” shall have the same meaning assigned to it in the Statutory Bodies (Financial and Accounting Procedure)
Ordinance, 1995 [Cap. 15].
[Sub. Cap. A41.]
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