In force1988 Revised EditionCurrent version · 1988 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
28. Accounts
Feedback & support(1)
The Corporation shall keep proper accounts and records of its transactions and affairs and shall do all things necessary to ensure that all payments out of its funds are correctly made and properly authorised and that adequate control is maintained over the assets of the Corporation, or while in the custody of the Corporation and over the expenditure incurred by the Corporation.
Corporation
Defined · s 2
“Corporation” means the Mass Rapid Transit Corporation established under section 3;
(2)
The Corporation shall, as soon as practicable after the close of each financial year, prepare and submit financial statements in respect of that year to the auditor who shall audit and report on them.[22