Singapore legislation

Clause 313

of Companies Bill

Clause 313

Accounts and audit

(1)

The Official Receiver shall —

(a)

record in a register a statement of any property coming to his hand or under his control or to his knowledge vested in him by operation of this Subdivision and of his dealings therewith;

(b)

keep accounts of all moneys arising therefrom and of how they have been disposed of; and

(c)

keep all accounts, vouchers, receipts and papers relating to such property and moneys.[Aust.s. 313.]

(2)

The Director of Audit shall have all the powers in respect of such accounts as are conferred upon him by any Act relating to audit of public accounts.