Singapore legislation

Section 44

of Post Office Savings Bank of Singapore Act

Section 44

Annual statement of accounts

(1)

The Bank shall, within two months of the Auditor’s annual report, send to the Minister a statement of accounts and the balance-sheet in respect of the year for which the accounts were audited, signed by the Chairman and certified by the Auditor, together with a copy of the Auditor’s report of the annual accounts.

(2)

The Minister shall cause a copy of the annual statement of accounts, balance-sheet and the Auditor’s annual report referred to in subsection (1) to be presented to Parliament. [43