22.
| (1) The Board shall cause proper accounts of the income and expenditure of the Board and of all its other transactions to be kept and shall prepare an annual statement of accounts and statistics relating to the business of the Board in such form and containing such particulars as the Minister with the concurrence of the Minister of Finance may from time to time specify. |
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| (2) The accounts of the Board for each financial year shall be audited 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 or auditors who shall act under his direction and control. |
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| (3) For the purpose of meeting the expenses incurred by him in the audit of the accounts of the Board, the Auditor-General shall be paid by the Board such remuneration as the Minister may determine with the concurrence of the Minister of Finance. Any remuneration received from the Board by the Auditor-General shall, after deducting any sums paid by him to any qualified auditor employed by him for the purposes of such audit, be credited to the Consolidated Fund of Ceylon. |
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| (4) The Auditor-General shall examine the accounts of the Board and furnish a report stating-
| | (a) whether he has or has not obtained all the information and explanations required by him; | | |
| | (b) whether in his opinion the accounts have been drawn up so as to exhibit a true and fair view of the affairs of the Board; | | |
| | (c) drawing attention to any item in the accounts which in his opinion may be of interest to the Senate and the House of Representatives in any examination of the activities and accounts of the Board. | | |
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| (5) The Auditor-General shall transmit his report to the Board. |
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| (6) 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 Ceylon 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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Sri Lanka Consolidated Acts