14.
| (1) The accounts of the Corporation 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 so appointed shall be an auditor who is registered under the Companies Ordinance. The auditor shall receive such remuneration from the funds of the Corporation as the Minister may determine with the concurrence of the Minister of Finance. |
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| (2) The Auditor-General shall have power-
| | (a) to direct the manner in which the Corporation's accounts 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 Corporation's accounts by such person or persons as the Auditor-General may authorize in that behalf, and, for the purpose of such audit, to require information or additional information to be furnished to any person or persons so authorized, on such matters, by such person or persons, 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 Corporation and submit to the Auditor-General a report stating-
| | (a) whether he has or has not obtained all the information and explanations required by him, and | | |
| | (b) whether the balance sheet and accounts referred to in the report are properly drawn up so as to exhibit a true and fair view of the affairs of the Corporation. | | |
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| (4) The Auditor-General shall have the right to comment upon, or supplement, the auditor's report in such manner as the Auditor-General may think fit. |
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| (5) The Auditor-General shall transmit the auditor's report together with the Auditor-General's comments upon, or his supplement to, such report to the Chairman of the Corporation. |
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Sri Lanka Consolidated Acts