Financial reporting to members

(1) The directors of every credit union shall place before each annual meeting of the members of the credit union, 54 Credit Unions Act (a) the annual financial statement in such form and containing such information as is prescribed by the Registrar; (b) the report of the auditor to the members; and (c) such further information respecting the financial position of the credit union as the by- laws of the credit union require. (2) The Registrar may, for the purposes of this section, prescribe the form in which annual financial statements of credit unions of any type shall be prepared and the information to be included therein.