28.
(1) The financial year of the Scheme shall be the calendar year. |
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(2) The Board shall cause its books to be balanced as on the thirty-first day of December in each year and shall. before the thirtieth day of April next cause to be prepared an income and expenditure account and balance sheet containing a summary of the assets and liabilities of the Scheme made up to the first-mentioned date. |
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(3) The income And expenditure account and he balance sheet shall be signed by the member of the Board authorized to do so by a resolution of the Board. |
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(4) The Auditor-General shall audit the accounts of the Scheme every year in accordance with Article 154 of to Constitution. |
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