Singapore legislation

Section 18

of Institute of Education Act

Section 18

Presentation of financial statements and auditor’s report to Parliament

Amended by8/84

(1)

The Institute shall, as soon as the accounts of the Institute and the financial statements have been audited in accordance with the provisions of this Act, send to the Minister a copy of the audited financial statements, signed by the Director, together with a copy of the auditor’s report.

Amended by8/84

(2)

Where the Auditor-General is not the auditor of the Institute, a copy of the audited financial statements and any report made by the auditor shall be forwarded to the Auditor-General at the same time they are submitted to the Institute.

(3)

The Minister shall as soon as practicable cause a copy of the audited financial statements and of the auditor’s report referred to in subsection (1) to be presented to Parliament.[16A