Singapore legislation
Regulation 7
Regulation 7
Annual returns
Subregulation 1
The president, secretary and treasurer (or other officers holding analogous positions) of every registered society shall, within one month after the holding of its annual general meeting, or if no annual general meeting is held, once in every calendar year within one month after the close of its financial year, furnish to the Registrar a return in such form as the Registrar may require, which shall —
be signed by the president, secretary and treasurer of the society or by other officers holding analogous positions; and
be accompanied by a copy of the accounts (income and expenditure and balance-sheet) of the society in respect of its last financial year, duly certified by —
the society’s auditor where the gross income and expenditure of the society in its last financial year does not exceed $500,000; or
a qualified company auditor where the gross income and expenditure of the society in its last financial year exceeds $500,000,as found by him to be correct, duly vouched and in accordance with law, together with his report in what respects he finds it incorrect, unvouched or not in accordance with law.
Subregulation 2
The president, secretary and treasurer (or other officers holding analogous positions) of a registered society who fail to comply with paragraph (1) shall each be guilty of an offence and shall be liable on conviction to a fine not exceeding $1,000.