Singapore legislation
Clause 16
Clause 16
Annual reports
(1)
Unless otherwise excepted by regulations made under this Act, the charity trustees of a charity shall prepare in respect of each financial year of the charity an annual report containing —
a prescribed report by the trustees on the activities of the charity during that year; and
such other information relating to the charity or to its trustees or officers as may be prescribed by regulations made under this Act.
(2)
The annual report required to be prepared under this section in respect of any financial year of a charity shall be transmitted to the Commissioner by the charity trustees —
within 6 months from the end of that year; or
within such longer period as the Commissioner may for any special reason allow in the case of that report.
(3)
Subject to subsection (4), every such annual report shall have attached to it the statement of accounts prepared for the financial year in question under section 13(1) or the account and statement so prepared under section 13(3), together with —
where the accounts of the charity for that year have been audited under section 14, a copy of the report made by the auditor on that statement of accounts or on that account and statement, as the case may be; or
where the accounts of the charity for that year have been examined under section 14, a copy of the report made by the independent examiner in respect of the examination carried out by him under that section.
(4)
Subsection (3) shall not apply to a charity which is a company, and any annual report transmitted by the charity trustees of such a charity under subsection (2) shall have attached to it a copy of the charity’s annual accounts prepared for the financial year in question under Part VI of the Companies Act [Cap. 50], together with a copy of the auditor’s report on those accounts.
(5)
Any annual report transmitted to the Commissioner under subsection (2), together with the documents attached to it, shall be kept by the Commissioner for such period as he may think fit.
(6)
This section shall not apply to an exempt charity.