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Formal Consolidation | 1999 RevEd
Preparation and publication of annual accounts and annual report
34.—(1) The Authority shall, within 6 months from the close of its financial year, transmit to the President —
(a)
a copy of the annual accounts certified by the Auditor-General, and those accounts shall then be published in the Gazette; and
(b)
a report by the board on the working of the Authority throughout the financial year and that report shall be published by the Authority.
(2) The Authority shall cause the annual accounts and the annual report to be presented as soon as possible to Parliament.
Informal Consolidation | Amended Act 45 of 2004
Preparation and publication of financial statements and annual report
34.—(1) The Authority shall, within 6 months from the close of its financial year, transmit to the President —
(a)
a copy of the financial statements certified by the Auditor-General and those statements shall then be published in the Gazette; and
(b)
a report by the board on the working of the Authority throughout the financial year and that report shall be published by the Authority.
[13/2007 wef 30/06/2007]
(2) The Authority shall, within 6 months from the close of its financial year, cause the financial statements and the annual report to be presented to Parliament.
(3) In preparing the financial statements for the purpose of this section, the Authority may comply with accounting standards to the extent that it is, in the opinion of the Authority, appropriate to do so, having regard to the objects and functions of the Authority.