11.
(1) The Board shall cause proper books of accounts to be kept of the income and expenditure, assets and liabilities and all other transactions of the Fund. |
|
(2) The accounts of the Fund shall be audited by a qualified Auditor or Auditors appointed by the Board. |
|
(3) The income and expenditure account and the balance sheet shall be signed by two members of the Board authorized to do so by a resolution passed by the Board. |
|
(4) The financial year of the Board shall be the calendar year. |
|
|