12.
| (1) The Board shall cause proper books of accounts to be kept of the income and expenditure and all other trans actions of the Fund. |
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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 thirty-first day of March next, cause to be prepared, an income and expenditure account and a balance sheet containing a summary of the assets and liabilities of the Fund made up to the first-mentioned date. |
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| (3) The income and expenditure account and the balance sheet shall be signed by two members of the Board authorized to do so by a resolution passed by the Board. |
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| (4) The Auditor-General shall audit the accounts of the Fund every year in accordance with Article 154 of the Constitution. |
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Sri Lanka Consolidated Acts