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In force2020 Revised Edition

Part 6 · Financial Provisions

50. Annual accounts

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(1)

A Town Council must, within 3 months after the close of each financial year, prepare and submit financial statements in such form as the Auditor-General may direct in respect of that year to the auditor.

(2)

The financial year of a Town Council begins on 1 April of each year and ends on 31 March of the succeeding year.

(3)

The first financial year of a Town Council begins on the date of its establishment and ends on 31 March of the succeeding year.[36

Report

Part 6A

Inspection and Official Management of Town Councils

Part 7

Miscellaneous Provisions