Singapore legislation
Section 28
of Currency Act
Section 28
Audit
Amended by11/8211/91
(1)
The accounts of the Board shall be audited by the Auditor-General.
(2)
The Auditor-General shall in his report state —
(a)
whether the financial statements show fairly the financial transactions and the state of affairs of the Board;
(b)
whether proper accounting and other records have been kept;
(c)
whether the receipts, expenditure and investment of moneys, and the acquisition and disposal of assets by the Board during the financial year were in accordance with the provisions of this Act and the Constitution; and
(d)
such other matters arising from the audit as he considers necessary. [27
Amended by11/8211/91