Singapore legislation

Clause 14

of Skills Development Levy Bill

Clause 14

Accounts

(1)

The accounts of the Fund shall be audited annually by the Auditor-General.

(2)

The Minister shall cause to be presented to Parliament, as soon as practicable after the end of each financial year, a copy of the audited financial statements relating to the Fund, together with the Auditor-General’s report.

(3)

In this section, “financial year” has the same meaning as in the Financial Procedure Act (Cap. 68).