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Section 27: Audit of accounts

Sugar Industry Pension Fund Act

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.

27. Audit of accounts (1) The annual balance sheet, income and expenditure account and list of investments specified in section 26 shall, before their issue, be submitted to 2 auditors properly appointed annually by the Board, and those auditors shall report to the Board as to whether— (a) they have obtained all the information and explanations they required; (b) in their opinion, the balance sheet is properly drawn up so as to exhibit a true and correct view of the state of the Fund; and (c) they have verified the investments held by the Board. (2) The remuneration of the auditors appointed under this section shall be fixed by the Board.

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