Sri Lanka Consolidated Acts

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Thurusaviya Fund Act (No. 23 of 2000) - Sect 21

Accounts and audits

21.
(1) The Board shall cause proper books of accounts to be kept of the income and expenditure, assets and liabilities and other transactions of the Fund.
(2) The provisions of Article 154 of the Constitution relating to the audit of the accounts of Public Corporations shall apply to the audit of the Fund.
(3) The income and expenditure account of the Fund and the balance sheet shall be signed by two members of the Board authorised to do so by a resolution passed by the Board.


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