Singapore legislation
Regulation 20
Regulation 20
Duties of auditor
Subregulation 1
The auditor shall in his report state —
whether the financial statements show fairly the financial transactions and the state of affairs relating to the SAVER- Premium Fund;
whether proper accounting and other records have been kept in respect of all transactions involving the SAVER-Premium Fund;
whether the receipts, expenditure and investment of moneys of the SAVER-Premium Fund, the acquisition of assets by the Board from the moneys of the Fund and the disposal of such assets during the financial year have been in accordance with the provisions of the Act and these Regulations; and
such other matters arising from the audit as he considers should be reported.
Subregulation 2
The auditor may at any other time report to the Minister upon any matter arising out of the performance of his audit.
Subregulation 3
Where the Auditor-General is not the auditor, the auditor shall, at the same time that he submits any report to the Minister under paragraph (2), forward a copy of the report to the Auditor-General.