Singapore legislation

Section 42

of Media Development Authority of Singapore Act

Section 42

Presentation of financial statements and auditor’s report to Parliament

(1)

The Authority shall, as soon as its accounts and 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 Chairman, together with a copy of the report made thereon by the auditor.

(2)

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

(3)

The Minister shall, as soon as practicable, cause a copy of the audited financial statements and of the report referred to in subsection (1) to be presented to Parliament.

Section 42 — Media Development Authority of Singapore Act