← belizelaw.ai · Reconstruction And, Cap. 193 · PART III — Accounts, Audits, Annual Report., etc., of the Corporation

Accounts, audit, annual report, etc

Cap. 193, s. 19 · Revised Edition 2020

(1) The Corporation shall keep proper accounts and other records in relation to its activities under this Act and shall prepare, in respect of each financial year, annual accounts in such form as the Minister of Finance may direct. etc. (2) The accounts kept by the Corporation under this Act shall be audited by the Auditor-General. (3) As soon as the annual accounts of the Corporation kept under this Act have been audited, the Corporation shall send to the Minister of Finance a copy of the accounts prepared by it for that year in accordance with this section, together with a copy of any report made by the auditor thereon. (4) The Minister of Finance shall prepare, in respect of each financial year, an account of the sums advanced by him to the Corporation under this Act and of sums received by him from the Corporation and paid into the Consolidated Revenue Fund under this Act. 15 (5) The Corporation shall, within three months after the end of each financial year, make to the Minister of Finance a report dealing generally with the operations of the Corporation under this Act during that year and the Minister of Finance shall lay a copy of every such report before the National Assembly. (6) Without prejudice to the requirements imposed by subsection (5) of this section, the Corporation shall provide the Minister of Finance with such information relating to the undertaking of the Corporation under this Act as he may from time to time require, and for that purpose shall permit any person authorised by the Minister of Finance in that behalf to inspect and make copies of the accounts, books, documents or papers of the Corporation and shall afford such explanation thereof as that person or the Minister of Finance may reasonably require.
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