13.
| (a) All moneys of the Corporation shall be deposited in the name of the Corporation in a bank chosen by the Council and shall be operated by the Treasurer and the President. |
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| (b) The Council shall cause to be kept proper books of accounts with respect to-
| | (i) all sums of money received and expended by the Corporation, and the matters in respect of which receipt and expenditure take place, and | | |
| | (ii) the assets and liabilities of the Corporation. | | |
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| (c) The books of accounts shall be kept at the office of the Corporation or at such other place as the Council thinks fit, and shall be open to inspection by any member of the Council during office hours. |
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Sri Lanka Consolidated Acts