Singapore legislation
Clause 326
Clause 326
Balance-sheets and accounts
(1)
An investment company shall attach to its balance-sheet —
a complete list of all purchases and sales of securities by the company during the period to which the accounts relate together with a statement of the total amount of brokerage paid or charged by the company during that period and the proportion thereof paid to any stock or share broker, or any employee or nominee of any stock or share broker, who is an officer of the company; and
a complete list of all the investments of the company as at the date of the balance-sheet showing the descriptions and quantities of such investments.[Aust.s. 341.]
(2)
An investment company shall show separately in the profit and loss account, in addition to any other matters required to be shown therein, income from underwriting (including sub-underwriting).