Sri Lanka Consolidated Acts

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International Winged Bean (Dambala) Institute Act (No. 7 of 1982) - Sect 24

Financial year of the Institute and audit of accounts

24.
(1) The financial year of the Institute shall be the calendar year.
(2) The Board shall cause proper books of accounts to be kept of the income and expenditure, assets and liabilities and all other transactions of the Institute.
(3) The accounts of the Institute shall be audited by qualified auditors appointed by the Board.
(4) The Board shall determine the remuneration of the auditors of the Institute.


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