37.
| (1) The accounts of the Bank for each financial year shall be submitted to the Auditor-General for audit within four months of the close of that financial year. 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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| (2) For the purpose of meeting the expenses incurred by him in the audit of the accounts of the Bank, the Auditor-General shall be paid by the Bank such remuneration as the Minister may determine in consultation with the Auditor-General. |
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| (3) The Auditor-General and any person assisting the Auditor-General in the audit of the accounts of the Bank shall have access to all such books, deeds, contracts, accounts, vouchers and other documents of the Bank as the Auditor-General may consider necessary for the purposes of the audit, and shall be furnished by the Board and the Bank with such information within., their knowledge as may be required for such purposes. |
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| (4) For the purpose of ascertaining the correctness of the balance sheet and profit and, loss statement the auditors may, in their discretion, accept in respect of any branch of the Bank, any copies or abstracts from the books and accounts of such branch which have been transmitted to the principal place of business of the Bank and which have been certified to be correct by an officer of the Bank authorized in that behalf by the Board. |
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| (5) The Auditor-General shall examine the accounts of the Bank 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 so as to exhibit a true and fair view of the affairs of the Bank; | | |
| | (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 Bank. | | |
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| (6) The Auditor-General shall transmit his report to the Board within six months of the receipt of the accounts of the Bank by him. |
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| (7) 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