CO129-619-4 Department of Supplies- Trade and Industry- organization and finance 19-3-1949 - 31-3-1949 — Page 23

29

their adoption should be subject to the

concurrence of the Legislative Council.

I note that the outstanding Profit and

Loss Accounts will be submitted to the

Legislative Council when completed and

I consider that thereafter annual

audited accounts and balance sheets should

be similarly submitted.

These accounts

would, Jassume,)

should/show the balances of the various

Suspense Accounts and also reflect the

ing transactions of the four Bank accounts

mentioned in paragraph 13 of your despatch

copies of these accounts might with

advantage be appended to the Colony's

Annual Accounts. I should in any

event wish copies of all relevant

accounts to be forwarded to me as soon

as they become available.

I agree that copies of your

despatch and of this reply should be

laid before the Legislative Council.

for

I have, etc.

(sgd.) LISTOWEL

Secretary of State