s.9Accounts, book-keeping and reporting
9
Section 9Part 2 — Role of the Public Service Pensions Board

Accounts, book-keeping and reporting

←→ Navigate  ·  Click subsection badges to collapse  ·  Press ? for help

The Board shall prepare and maintain, in accordance with the standards prescribed for this purpose by the Financial Secretary, financial statements relating to the Fund.
Within the period of three months after 30th June of each year the Board shall prepare and submit to the Auditor General in respect of that year —
a balance sheet;
a statement of revenue and expenditure by the Board during the year; and
such other financial statements as may be required to comply with subsection (1).
On receipt of the financial statements referred to in subsection (2) the Auditor General shall —
examine and audit the financial statements;
provide an opinion on the financial statements or certify the financial statements, as the case may be; and
provide such report on the financial statements as he thinks fit.
The Auditor General shall, within a period of six months after the close of the year to which they relate, return to the Board the financial statements together with his report, if any.
Within thirty days after receipt from the Auditor General of the financial statements and his report, if any, the Board shall prepare and submit to the Financial Secretary a report of the financial activities of the Board relating to the Fund during the year to which the financial statements relate, which report shall include a copy of the financial statements and of the Auditor General's report, if any.
The report of the Board together with a copy of certified financial statements and the Auditor General's report, if any, shall be laid by the Financial Secretary on the table of the Legislative Assembly for twenty-one days as soon as practicable after he receives it, and such report of the Board shall be gazetted.

Referenced By