Commodity futures brokers to lodge annual accounts, etc.
11.—(1)  A commodity futures broker shall —
(a)in respect of the financial year beginning before and ending after 27th May 1992 or the day on which the commodity futures broker commences to carry on business as a commodity futures broker, whichever is later; and
(b)in respect of each subsequent financial year,
prepare a true and fair profit and loss account and a balance-sheet made up to the last day of the financial year and lodge the account and balance-sheet with the Board within 3 months (or such extension thereof permitted by the Board under paragraph (2)) after the end of the financial year together with an auditor’s report on the accounts and balance-sheet.
(2)  Where an application for the extension of the period of 3 months specified in paragraph (1) is made by a commodity futures broker to the Board and the Board is satisfied that there are special reasons for requiring the extension, the Board may extend that period by 3 months, subject to such conditions as the Board thinks fit to impose.
(3)  Any commodity futures broker who fails to comply with paragraph (1), or with any condition imposed under paragraph (2), shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $10,000.