Sri Lanka Consolidated Acts

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Insurance Corporation Act (No. 2 of 1961) - Sect 23

Annual accounts with auditor's report and a report of the annual activities of the Corporation to be transmitted to the Minister

23. The Corporation shall, on receipt of the auditor's report in each year, transmit such report together with the profit and loss account and the balance sheet to which the report relates, and a statement by the Corporation of its activities during the financial year to which such report relates, and of the activities (if any) which are likely to be undertaken by the Corporation in the next financial year, to the Minister who shall cause copies thereof to be laid before the Senate and the House of Representatives, before the end of the year next following the year to which such report and accounts relate.


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