34.
| (1) The auditor shall inspect the accounts, the finance, the management of the finance of the Bank, and where necessary examine -
| | (a) whether the conduct of the financial affairs of the Bank has been done in accordance with the provisions of this Act, and any rules made under the Act relating to the same ; | | |
| | (b) whether maintenance of accounts by the Board is satisfactory ; and | | |
| | (c) whether the accounts audited (including the balance sheet and the profit and loss account prepared by the Board) have been so designed as to present a true and fair view of the affairs of the Bank in respect of the period under consideration, due regard being had on principles of accounting, financing and valuation. | | |
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| (2)The auditor shall make a report on the accounts examined by him and on the balance sheet and the profit and loss account prepared by the Board. |
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| (3)The report of the auditor shall be laid before the shareholders of the Bank at its Annual General Meeting and shall be open for inspection by any shareholder. |
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Sri Lanka Consolidated Acts