Singapore legislation
Section 10
Section 10
Audited accounts
(1)
Every licensed housing developer must within 6 months (or any extended period that the Controller may grant under subsection (2)) after the close of every financial year —
forward to the Controller; and (b)make available, for a continuous period of at least 24 months, at its registered office (in the case of a company or limited liability partnership) or principal place of business (in any other case) during office hours, or on its Internet website, for inspection by the public without charge,a copy of its audited accounts for that financial year and the report made by its auditor under section 13 in respect of those audited accounts.
(2)
The Controller may extend the time for compliance with subsection (1) but not more than once and such extension must not in any case exceed 6 months.
(3)
Any licensed housing developer that fails to comply with any of the provisions of subsection (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $50,000.