Accounts
11 Accounts
The Association shall cause full and accurate accounts to be kept of all sums of money received or expended by it and of the matters and things for which sums of money shall have been received or expended.
S. 11(2) amended by No. 8090 s. 8.
A separate account shall be kept for all moneys received or expended on account of the Municipal Officers Fidelity Guarantee Fund and with respect to every policy of accident insurance under section 10B.
S. 11(3) amended by No. 6742 s. 4(a)–(c).
The accounts of the Association shall before the thirty-first day of October in each and every year be balanced up to and inclusive of the thirtieth day of June in such year; and forthwith on the accounts being so balanced an annual account shall be made up which shall exhibit a true statement of the receipts and expenditure respectively of the Association during the year immediately preceding with the statement of the balance of such account, and all books accounts and vouchers of the Association shall be examined and audited by a registered company auditor and the balance and account shall be certified by the treasurer of the Association and by the said auditor.
No. 1140 s. 102.
S. 12 amended by No. 8090 s. 9, substituted by No. 79/2000 s. 285(Sch. 1 item 5).
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