(1) The Authority shall cause proper accounts of the Fund and proper reports of its activities to be kept and shall, as soon as practicable after the end of each financial year, cause to be prepared for that financial year—
(a) a statement of accounts of the Authority which shall include a balance sheet and an account of income and expenditure; and
(b) a statement of its activities.
(2) The Authority shall cause the statement of accounts to be audited by independent auditors appointed by the Authority.
(3) The Authority shall as soon as possible send a copy of the statement of accounts certified by the auditors and a copy of the auditor’s report to the Minister who shall cause such statement and report to be laid before both Houses of Parliament.
(4) The Statutory Bodies (Account and Annual Reports) Act 1980 [Act 240] shall apply to the Authority.
Malay text (authoritative)
Akaun dan laporan
(1) Pihak Berkuasa hendaklah menyebabkan supaya disimpan akaun yang sepatutnya bagi Kumpulan Wang dan laporan aktivitinya yang sepatutnya disimpan dan hendaklah, dengan seberapa segera yang mungkin selepas berakhirnya setiap tahun kewangan, menyebabkan supaya disediakan bagi tahun kewangan itu—
(a) suatu penyata akaun Pihak Berkuasa yang hendaklah mengandungi suatu kunci kira-kira dan akaun pendapatan dan perbelanjaan; dan
(b) suatu pernyataan mengenai aktiviti.
(2) Pihak Berkuasa hendaklah menyebabkan supaya penyata akaun itu diaudit oleh juruaudit bebas yang dilantik oleh Pihak Berkuasa.
(3) Pihak Berkuasa hendaklah dengan seberapa segera yang mungkin menghantar suatu salinan penyata akaun yang diperakui oleh juruaudit dan suatu salinan laporan juruaudit kepada Menteri yang hendaklah menyebabkan supaya penyata dan laporan itu dibentangkan di hadapan kedua-dua Majlis Parlimen.
(4) Akta Badan Berkanun (Akaun dan Laporan Tahunan) 1980 [Akta 240] hendaklah terpakai bagi Pihak Berkuasa.
Text as at 1 July 2020 (LOM reprint); amendments made after that date may not be incorporated.
Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).
