Malaysia legislation
Section 15
Section 15
Accounts and audit
The Board shall keep proper accounts and other records in respect of its activities and shall cause to be prepared a statement of account in respect of each financial year.
(2)
The accounts of the Board shall be audited by the Auditor
General or any person authorized by him in that behalf.
[Sub. Ord. No. 4/86.]
(3)
At 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 account, together with a copy of any report of the auditor, to be transmitted to the Yang di-Pertua Negeri who shall cause the same to be laid before the Dewan Undangan Negeri.
16
Ord. No. 4/71
[Am. Ord. No. 9/76.]
The Board and corporations established under the Foundation deemed to be a native