Clause 41
Accounts
of Urban Redevelopment Authority Bill
BillNot in forceProvision 41 of 69
Clause 41
(1)
The Authority shall cause proper accounts and other records in relation thereto to be kept, and an annual statement of accounts to be prepared in respect of each year.
(2)
The accounts of the Authority shall be kept and made up to the 31st day of March in each year.
(3)
The annual statement of accounts of the Authority shall present a true and fair view of the financial position of the Authority and of the results, for the year to which it relates, of the operations of the Authority.
(4)
All such accounts shall be submitted for audit not later than the 31st day of July in every year.