Singapore legislation
Section 30
Section 30
Accounts to be kept
(1)
The Corporation shall prepare in respect of each financial year a statement of accounts in a form approved by the Minister.
(2)
The Corporation shall keep proper accounts and records of its transactions and affairs and shall do all things necessary to ensure that all payments out of its moneys are correctly made and properly authorised and that adequate control is maintained over the assets of, or in the custody of, the Corporation and over the expenditure incurred by the Corporation.