23.
| (1) The Commission shall cause its accounts to be kept in such form and in such manner as the Minister may direct. |
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| (2) The Commission 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 of the next year, cause to be prepared an income and expenditure account and a balance sheet containing a summary of the assets and liabilities of the Commission made up to the first mentioned date. The income and expenditure account and the balance sheet shall be signed by the Chairman of the Commission, and by such officer of the Commission as may be authorized by the Commission to do so. |
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| (3) The Commission shall have its accounts audited each year by the Auditor-General. For the purpose of assisting him in the audit of such accounts, the Auditor-General may employ the services of any qualified auditor who shall act under his direction and control. |
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| (4) For the purpose of meeting the expenses incurred by him in auditing the accounts of the Commission the Auditor-General shall be paid from the funds of the Commission such remuneration as the Minister may
determine with the concurrence of the Minister in charge of the subject of Finance. An remuneration received from the Commission by the Auditor-General shall, after deduction of any sums paid by him to any qualified auditor employed by him for the purpose of such audit, be credited to the Consolidated Fund. |
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| (5) For the purposes of this section, the expression "qualified auditor " means-
| | (a) an individual who, being a member of the Institute of Chartered Accountants of Sri Lanka, possesses a certificate to practise as an Accountant issued by the Council of that Institute; or | | |
| | (b) a firm of Chartered Accountants, each of the partners of which, being a member of that Institute, possesses a certificate to practise as an Accountant issued by the Council of that Institute. | | |
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| (6) The Auditor-General and any person assisting him in the audit of the accounts of the Commission shall have access to all such books, deeds, contracts, accounts, vouchers and other documents of the Commission, as the Auditor-General may consider necessary for the purpose of the audit, and shall be furnished by the members or officers of the Commission with such information within their knowledge as may be required for such purpose. |
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| (7) The Auditor-General shall examine the accounts of the Commission and furnish a report-
| | (a) stating whether he has or has not obtained all the information and explanations required by him; | | |
| | (b) stating whether the accounts referred to in the report are properly drawn up to as to exhibit a true and fair view of the affairs of the Commission; and | | |
| | (c) drawing attention to any item in the accounts which in his opinion may be of interest to the National State Assembly in any examination of the activities and accounts of the Commission. | | |
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| (8) The Auditor-General shall transmit his report to the Commission. |
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Sri Lanka Consolidated Acts