Section 21Part 4 — Financial
Statement of accounts and audit certificate to be transmitted to Registrar
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21. (1) The treasurer of every trade union (or such other officer as is designated in that behalf by the rules of the trade union) shall, on or before the 1st June in every year, cause to be received by the Registrar —
a statement, in the prescribed form, of the revenue and expenditure of the trade union during the twelve months preceding the date of such statement;
a statement, in the prescribed form, of the assets and liabilities of the trade union at the date of the statement required by paragraph (a);
an audit certificate, in the prescribed form, by an auditor registered and licensed under the Accountants Law, 2016 [Law 6 of 2016], to the effect that such statement of revenue and expenditure and such statement of assets and liabilities have each been audited by such auditor, who has had access to and has checked all accounts, receipts, vouchers and books of the trade union relating to transactions during the twelve months in respect of which the statements are made up, and that such statements have been found to be true and correct;
a statement of the total membership of the trade union at the date of such statements; and
a return relating to the period of twelve months immediately preceding the date of such statement and showing —
all new rules of the trade union and all alterations to existing rules made during the period; and
all changes in the officers of the trade union during the period.
In addition to the statements, accounts, certificate and return required by subsection (1), the Registrar may, at any time, by order in writing require the Trade Union Law (2019 Revision) Section 21 c Revised as at 1st January, 2019 Page 13 treasurer or any other officer of a trade union to deliver to him, by a date to be specified by the Registrar, detailed accounts of the revenue, expenditure, assets, liabilities and funds of the trade union in respect of any period specified in such order, and any accounts so rendered shall furnish such details and information, and be supported by such documents, as the Registrar in any case may require.
Every member of, and depositor in, any trade union shall be entitled to receive, on application to the treasurer or secretary of the trade union, a copy of all or any of the statements and accounts, and of the certificate and return provided for by this section, without making any payments therefor.
Every trade union which, and every officer of a trade union who, contravenes subsection (1) or an order of the Registrar under subsection (2), and every treasurer and secretary of a trade union who fails to comply with an application made under subsection (3) commits an offence and is liable on conviction to a fine of twenty dollars for each such offence.
Upon a conviction for any offence under subsection (4), the Court may order the offending trade union or any specified officer thereof (whether or not such officer has been convicted) to deliver to the Registrar by a specified date (which shall not be earlier than fourteen days from the date of the order) —
all or any of the statements, accounts, certificate and return referred to in subsection (1), in cases where the conviction relates to an offence in respect of such subsection; or
all or any of the accounts, statements, details, information and documents referred to in any order made by the Registrar under subsection (2), in cases where the conviction relates to an offence in respect of a failure to comply with any such order, and any trade union which, and any officer of a trade union who, fails to comply with such order is, in respect of such failure, commits an offence and is liable on conviction to a fine of four dollars in respect of each day or part of a day, during which such failure shall have continued.
Whoever wilfully makes or causes to be made any false entry in, or omission from, any of the statements, accounts, certificates, returns or rules required by this section commits an offence and is liable on conviction to a fine of one hundred dollars for each offence.
The Registrar may make rules providing for the forms to be used for the purposes of this section, and the forms in such rules shall respectively be the “prescribed forms” referred to in this section. Section 22 Trade Union Law (2019 Revision) Page 14 Revised as at 1st January, 2019 c