Sri Lanka Consolidated Acts

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Regional Development Banks Act (No. 6 of 1997) - Sect 32

Board to keep proper books of accounts and prepare balance sheet and profit and loss account

32.
(1) The Board shall cause proper books of accounts to be kept of income and expenditure, the assets and liabilities and of all other financial transactions of the Bank.
(2) Within one month of the expiration of each financial year of the Bank the Board shall prepare in respect of that financial year -
(a) a balance sheet as at the last working day ;
(b) a profit and loss account


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