Regulation 5
Preparation of financial statements by mutawalli
of Administration of Muslim Law (Wakaf and Nazar Am) Rules
Subsidiary LegislationIn forceProvision 8 of 9
Regulation 5
Amended byS 800/2017 wef 01/01/2018
Every mutawalli of a wakaf shall, in preparing any financial statements required under the Second Schedule to the Act, adhere to the generally accepted accounting principles, standards and practices.