SPORTS ACT - 1976 (SMCD 54)

    Section - 38 - Accounts and Audit.

    (1) The National Council shall keep proper books of accounts and proper records in relation thereto.

    (2) The National Council shall cause to be prepared an annual statement of accounts in such form and containing such particulars as the Auditor-General may from time to time direct.

    (3) The books and accounts of the National Council shall be audited each year by the Auditor-General.

    (4) The Auditor-General shall, not later than the 30th day of September in each year, forward to the Commissioner a copy of the audited accounts of the National Council for the financial year immediately preceding and his report thereon.

    (5) The report of the Auditor-General shall state whether in his opinion -

    (i) proper books of accounts have been kept by the National Council;

    (ii) the financial statement of the National Council was prepared on a basis consistent with that of the preceding year and is in agreement with the books of accounts of the National Council.

    (6) The Auditor-General shall in his report call the attention of the Commissioner to any matter falling within the scope of his examination which in his opinion should be brought to the attention of the Supreme Military Council.

    (7) The Commissioner shall as soon as practicable on receiving the report cause it to be laid before the Supreme Military Council.