Singapore legislation
Regulation 20
Regulation 20
Balance-sheet, income and expenditure account
As soon as conveniently may be after the expiration of each year, the Committee shall cause to be prepared —
(a)
a balance-sheet giving particulars of the assets and liabilities of the Fund as at 31st December then last preceding and of the investments representing the Fund; and
(b)
an income and expenditure account of the Fund for the year ended on 31st December then last preceding giving particulars of the income derived from the investments of the Fund and of the expenditure and of the amount credited to the accounts of the members.