Section 54
Accounts and audit of main body of youth societies at the national level
of Youth Societies and Youth Development Act 2007
The main body of youth societies at the national level shall cause proper accounts and other records relating to its operation be maintained, and shall prepare a statement of account for every financial year that is from 1 January until 31 December.
(2)
The statement of accounts of the main body of youth societies at the national level shall be audited every year by an auditor appointed by the main body of youth societies at the national level.
(3)
The statement of accounts of the main body of youth societies at the national level shall be audited within six months from the end of every financial year and during such period, the main body of youth societies at the national level shall submit a copy of the statement of accounts in the manner required by the Minister to be submitted to him together with a copy of an auditor’s report prepared by the appointed auditor.