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Cap. 555 · Arbiter For Financial Services Act (Cap. 555)

Cap. 555 Art. 12Accountability of the Office. Cap. 601.

PART III

In KraftAmtlicher Text

(1) The Office shall be accountable to the Minister for the discharge of its duties.

(2) (a) The Office shall ensure that proper accounting records, in the form established by the Board, are kept which reflect the financial transactions of or relating to the Office.

(b) The accounts of the Office shall be approved by the Board.

(c) Accounting records shall be retained for a period of ten years.

(d) The accounts of the Office shall be audited by the Auditor General, and the Office shall be subject to the Public Finance Management Act.

(3) The content and other matter relating to the accounts mentioned under sub-article (2) may be prescribed by regulations made under this Act.