Singapore legislation
Clause 21
Clause 21
Presentation of financial statements and auditor’s report to Parliament
(1)
The Board shall, as soon as the financial statements of the EduSave Fund have been audited in accordance with the provisions of this Act, send to the Minister a copy of the audited financial statements together with a copy of the auditor’s report.
(2)
Where the Auditor-General is not the auditor of the EduSave Fund, a copy of the audited financial statements and any report made by the auditor shall be forwarded to the Auditor-General when they are submitted to the Board.
(3)
The Minister shall as soon as practicable cause a copy of the audited financial statements and the auditor’s reports of the Endowment Fund and EduSave Fund to be presented to Parliament.