20Reports and balance-sheets

#### 20 Reports and balance-sheets 20 Reports and balance-sheets > The Board of Management shall cause true accounts to be kept of all the Real and Personal property of the Body Corporate and of the receipts disbursements credits and liabilities thereof and the Board shall lay before the members of the Body Corporate present at the Annual General Meeting thereof a statement of the income and expenditure for the period of 12 months ending on 30 June next preceding the Annual General Meeting. The accounts of the Body Corporate shall be examined and the correctness of the Balance Sheet ascertained by two Auditors to be appointed by the Body Corporate at the Annual General Meeting or failing such appointment to be appointed by the Board of Management. > > **s 20:** Am 1984 No 153, Sch 14.