S.L. 363.6 Art. 35Administrative report.

(1) At the end of each financial year a detailed administrative report shall be prepared by the Executive Secretary. Such report shall -

(a) give an account to the Committee of the Committee’s finances during the previous year;

(b) review the operating and financial results achieved against the Committee’s stated objectives, plans and budget; and

(c) include audited financial statements of the Committee for the year that ended and the Committee’s retained funds as at the year end.

(2) The annual administrative report shall be forwarded to the Auditor General by not later than the thirty-first of March of each year.

(3) The detailed annual administrative report shall be prepared in the form specified in the Local Councils (Procedures) Regulations.

(4) Within two weeks from the approval of the Committee and by not later than the thirty-first of March of each year the Executive Secretary shall forward a copy of the audited financial statements and a copy of the budget to the Minister, the Registrar and to every Council.