Singapore legislation
Clause 39
Clause 39
Accounts and nomination of Auditor
(1)
The accounts of the Board shall be kept by a Financial Officer appointed by and responsible to the Board.
(2)
The financial year shall be the calendar year or such other period as the Board may determine.
(3)
The Minister shall nominate for every year an Auditor of the Board’s accounts who shall maintain and keep a continuous audit of the accounts during such year.
(4)
The Auditor shall be paid by the Board.