Section 26: Annual reports and accounts
consolidated text (as at 2016, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
26. Annual reports and accounts
(1) The Board shall cause true and full accounts of the Fund to be kept
and shall, within 3 months after the end of each financial year, issue a report
of the Fund together with a balance sheet drawn up as at that date and an
income and expenditure account for that financial year.
(2) The Board shall include in the report a list of the investments of the
Fund showing the cost price and book value at that date of all such
investments.
(3) The financial year of the Fund shall be 1 January to 31 December of
each year.
(4) The report and accounts shall be submitted for approval to the annual
general meeting of employers and employees to be held as provided in the
Rules within 4 months after the end of each financial year.
continued on page S51 – 11
S51 – 10 (1) [Issue 9]
Revised Laws of Mauritius
(5) In any year in which an actuarial valuation is made under section 46, the
periods specified in this section may be extended at the discretion of the Board.