Hong Kong Ordinances

CONSTRUCTION WORKERS REGISTRATION ORDINANCE - SECT 11

Statements of accounts of Authority and auditor's report on them

(1) The Authority may from time to time fix a period of 12 months to be the
financial year of the Authority.

(2) The Authority shall submit to the Secretary—

   (a)  as soon as practicable after the commencement of this section, a
        programme of its proposed activities and estimates of its income and
        expenditure for the first financial year; and

   (b)  in each financial year, before a date to be appointed by the
        Secretary, a programme of its proposed activities and estimates of its
        income and expenditure for the next financial year.

(3) The Authority shall cause proper accounts to be kept of all its financial
transactions.

(4) As soon as practicable after the end of a financial year, the Authority
shall cause to be prepared a statement of accounts of the Authority, which
statement shall include an income and expenditure account and a balance sheet.

(5) The Authority shall appoint an auditor, who shall be entitled at any time
to have access to all books of account, vouchers and other financial records
of the Authority and to require such information and explanations thereof as
the auditor thinks fit.

(6) The auditor shall audit the accounts required under subsection

(3) and the statement of accounts required under subsection (4) and shall
submit a report on the statement to the Authority.

(7) Within 6 months after the end of a financial year, the Authority shall
submit—

   (a)  a report on the activities of the Authority during that year including
        a general survey of developments during that year, in respect of
        matters falling within the scope of the Authority's functions;

   (b)  a copy of the statement of accounts required under subsection

(4); and

   (c)  the auditor's report on the statement, to the Secretary who shall
        cause the same to be tabled in the Legislative Council.