34Accounts

34 Accounts

(1)  The Board is to –

(a) keep proper accounts and records in relation to all its operations; and

(b) ensure all payments made by it are correctly made and properly authorised; and

(c) ensure that adequate control is maintained over –

(i) any assets of, or in the custody of, the Board; and

(ii) the incurring of liabilities of the Board.

(2)  [Section 34 Subsection (2) amended by No. 50 of 2008, Sched. 1, Applied:01 Mar 2009] [Section 34 Subsection (2) substituted by No. 50 of 2008, Sched. 2, Applied:01 Jul 2010] The Board is to prepare and forward to the Auditor-General a copy of its financial statements for each financial year in accordance with the Audit Act 2008 .

(3)  [Section 34 Subsection (3) omitted by No. 50 of 2008, Sched. 2, Applied:01 Jul 2010] .  .  .  .  .  .  .  .