Section 11: Accounts of Scheme and Fund

11. Accounts of Scheme and Fund (1) The Board shall, after the end of every (cid:191)nancial year, submit to the Minister an annual report in respect of that (cid:191)nancial year. (2) The (cid:191)nancial statements of the Board shall be audited by the Director of Audit. (3) In this section – (cid:179)annual report(cid:180) means the report referred to in section 6A(2) of the Statutory Bodies (Accounts and Audit) Act. (c) in section 27 – (i) by repealing paragraphs (a) and (b) and replacing them by the following paragraphs – (a) where the contributor leaves a child, grant to the child a pension to be known as a children’s pension(cid:30) 164 Acts 2017 (b) where the contributor leaves more than one child, grant, for their bene(cid:191)t, a pension to be known as a children’s pension which shall be apportioned equally between each child(cid:30) (ii) by adding the following new paragraphs – (c) where the contributor leaves not more than one surviving spouse, grant to the surviving spouse a pension to be known as a surviving spouse’s pension(cid:30) and (d) where the contributor leaves more than one surviving spouse, grant, for their bene(cid:191)t, the pension referred to in paragraph (c) which shall be apportioned equally between each surviving spouse.