Singapore legislation

Section 41

of Post Office Savings Bank of Singapore Act

Section 41

Accounts

(1)

The Bank shall cause proper accounts and other records in relation thereto to be kept, and an annual statement of accounts to be prepared in respect of each financial year.

(2)

The annual statement of accounts of the Bank shall present a true and fair view of the financial position of the Bank and of the results, for the year to which it relates, and the operations of the Bank.

(3)

All such accounts shall be submitted for audit not later than 30th April in every year. [40

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