Castle Management Act, 1993 (Act No. 207 of 1993)

21. Financial obligations and control

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(1) The Board shall furnish the Minister with such information as he or she may from time to time require in connection with the activities and financial position of the Board, and shall as soon as practicable after the end of each financial year submit to the Minister an annual report on the affairs and functions of the Board in respect of that financial year, which shall include, inter alia—
(a) an audited balance sheet;
(b) an audited statement of income and expenditure;
(c) a statement of cash flow information.

 

(2) The financial statements referred to in subsection (1)(a), (b) and (c) shall be in conformity with generally accepted accounting practice.

 

(3) The Minister shall, as soon as practicable after a report has, in terms of subsection (1), been submitted to him or her, table it in Parliament.