Clause 41

for the preparation and submission of the financial statements in respect of the financial year (or part thereof) before the dissolution of the Singapore Accountancy Commission, to the last appointed auditor of the Commission;

to send, as soon as those accounts and financial statements have been audited in accordance with the provisions of the Singapore Accountancy Commission Act 2013 as in force immediately before the date of commencement of section 40, to the Minister last charged with the responsibility for the Singapore Accountancy Commission a copy of the audited financial statements, signed by the last Chairperson and last Chief Executive of the Singapore Accountancy Commission; and

to cause to be prepared and transmitted to the Minister last charged with the responsibility for the Singapore Accountancy Commission, a report dealing generally with the activities of the Singapore Accountancy Commission during that financial year (or part thereof) containing any information relating to the proceedings and policy of the Commission that the Minister may direct.