s 11 Accounts, etc.
11.—(1) The Honorary Treasurer shall cause proper books of account to be kept and therein to be entered full particulars of all assets and liabilities and of all receipts and disbursements on account of the Corporation and of all other matters and things relative thereto and necessary to explain such entries. (2) Not later than the last day of the first lunar month in each year according to the old Chinese calendar the Honorary Treasurer shall cause to be prepared a statement in the form of a balance sheet containing particulars of all assets and liabilities of the Corporation and an account of the receipts and disbursements during the Chinese year preceding. (3) The accounts kept by the Honorary Treasurer and the annual statement prepared by him in accordance with the provisions of the preceding subsections shall be audited by the auditor or auditors as and when requested by the Committee of Management, and the auditor or auditors shall certify in writing the result of his or their audit. (4) When and as soon as the annual statement above referred to shall have been audited as aforesaid a copy thereof shall be posted in a conspicuous place in the office of the Corporation for at least 7 days prior to the holding of the next annual meeting of the Corporation.