Singapore legislation
Regulation 19
Regulation 19
Manner of audit
Subregulation 1
The auditor or auditors appointed by a registered trade union with the Registrar’s approval to audit the registered trade union’s accounts must —
verify the annual return with the accounts and vouchers relating to the annual return; and
thereafter sign the auditor’s declaration appended to Form O set out in the First Schedule, indicating separately on that Form under his signature or their signatures a statement showing in what respect he or they found the return to be incorrect, not supported by vouchers, or not in accordance with the Act.
Subregulation 2
The particulars given in the statement mentioned in paragraph (1)(b) must indicate —
every payment which appears to be unauthorised by the rules of the registered trade union or contrary to the provisions of the Act;
the amount of any deficiency or loss which appears to have been incurred by the negligence or misconduct of any person; and
the amount of any sum which ought to have been, but is not, brought to account by any person.