Sri Lanka Consolidated Acts

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Ceylon hotels corporation Act (No. 14 of 1966) - Sect 60

Balance sheet and statement of accounts conclusive after approval

60.
(1) Every balance sheet and statement of accounts when audited shall after adoption by a general meeting be conclusive except as regards any error discovered therein within three months next after the adoption thereof.
(2) Whenever any such error is discovered within that period the balance sheet and the statement of accounts shall be forthwith corrected by the auditors and shall thenceforth be conclusive.
(3) The audited balance sheet and the statement of accounts of the Corporation and the report of the directors shall be tabled in the Senate and the House of Representatives.


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