Section 134: Deposit of financial statements

134. Deposit of financial statements (1) Every Chief Executive shall ensure that a copy of all financial statements which are subject to audit by the Director of Audit, duly made up and balanced, together with all rate books, account books, deeds, contracts, vouchers and receipts relating to the financial statements, shall be deposited in an appropriate office of the local authority and shall, for 7 working days before they are produced and submitted to the Director of Audit, be open at all reasonable hours to the inspection of all persons interested who may make copies of or extracts from the deposited documents on payment of such fee as may be prescribed. (2) Every local authority shall, every year before the audit of its financial statements by the Director of Audit, by advertisement in 2 or more daily local newspapers, give not less than 14 days’ notice of the deposit of the financial statements required by this section, and the production of the newspaper containing the notice shall constitute proof of the publication.