Sri Lanka Consolidated Acts

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Sports (Amendment) Act (No. 47 of 1993) - Sect 9

Insertion of new section 21A of the principal enactment

9. The following new section is hereby inserted immediately after section 21 of the principal enactment and shall have effect as section 21A of that enactment:
21A.
(1) The National Olympic Committee of Sri Lanka and every National Association of Sports registered under Chapter III shall cause proper books of accounts to be kept of the income and expenditure and all other transactions of such Committee and Association.
(2) Such Committee and every such Association 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, on income and expenditure account and a balance sheet containing a summary of the assets and liabilities of such Committee and of every such Association, as the case may be, made up to the first mentioned date.
(3) The Auditor General shall audit the accounts of such Committee and every such Association.".


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