Malaysia legislation

Section 18

of Statutory Bodies (Financial and Accounting Procedure) Ordinance, 1995

Section 18

(a)

caused its statement of accounts to be audited; or

(b)

prepared the annual report of its activities, in accordance with the provisions of the State law pursuant to which it is incorporated, such statutory body shall, on or before the 31st

December, 1995, cause its accounts to be audited and shall prepare the annual report of its activities in accordance with the provisions of such

State law.

19

(2)

The provisions of sections 5, 7 and 8—

(a)

shall then apply in respect of such audited statement of accounts and annual report of activities; and

(b)

shall also apply in respect of other statements of accounts and annual reports of activities of a statutory body in respect of financial years ending on or before the 31st December,

1994, which have been audited and prepared, as the case may be, prior to the date of commencement of this Ordinance but which have not, on such date, been submitted to the Minister or laid on the table of the Dewan Undangan Negeri in accordance with the provisions of the State law pursuant to which the statutory body concerned is incorporated.

Power to amend the Schedule

Section 18 — Statutory Bodies (Financial and Accounting Procedure) Ordinance, 1995