17.
| (1) The accounts of the Board shall be audited annually by an auditor (hereinafter referred to as " the auditor ") appointed by the Minister on the advice of the Auditor-General. The auditor shall be paid by the Board such remuneration as the Minister may, with the concurrence of the Minister of Finance, determine. |
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| (2) The Auditor-General shall have power-
| | (a) to direct the manner In which the accounts of the Board shall be audited by the auditor and to give the auditor instructions In regard to any matter relating to the performance of his functions as the auditor; and | | |
| | (b) to conduct a supplementary or test audit of the accounts of the Board by such person or persons as the Auditor-General may authorize in that behalf, and for the purposes of such audit to require any person to furnish information or additional Information to the person or persons so authorized, on such matters, and in such form, as the Auditor-General may, by general or special order, direct. | | |
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| (3) The auditor shall examine the accounts of the Board and ascertain the correctness of the balance sheet and furnish a report to the Auditor-General stating-
| | (a) whether he has or has not obtained all the information and explanations required by him: and | | |
| | (b) whether in his opinion the balance sheet and the accounts referred to in the report are properly drawn up so as to exhibit a true and fair view of the affairs of the Board. | | |
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| (4) The auditor shall submit a copy of his report to the Auditor-General who shall have the right to comment upon, or supplement, the auditor's report in such a manner as the Auditor-General may think fit. |
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| (5) The Auditor-General shall transmit the auditor's report together with his comments upon, or his supplement to, such report to the Board. |
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| (6) For the purposes of this section the expression " auditor " means-
| | (a) an individual who, being a member of the Institute of Chartered Accountants of Ceylon, possesses a certificate to practise as an Accountant Issued by the Council of that Institute; or | | |
| | (b) a firm of Chartered Accountants each of the partners of which, being a member of that Institute, possesses a certificate to practise as an Accountant issued by the Council of that Institute. | | |
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Sri Lanka Consolidated Acts