TNAG-0563-FCO40-658-Construction-of-an-underground-railway-system-in-Hong-Kong-1975 — Page 71

Investment.

Accounts,, audit and annual report.

CONFIDENTIAL # #

15.

!

15

Any moneys of the Corporation available for investment may be invested by it in such forms of invest- ment as the Financial Secretary may in writing approve.

16. (1) The Corporation shall keep proper accounts and proper records in relation thereto and shall within

4 months after the expiry of a financial year prepare

accounts showing fully its financial position and

financial transactions for that year.

G.F. 323

(2) The accounts of the Corporation shall be audited

and the auditor shall make a written report thereon to the

Corporation.

(3) The auditor shall be appointed by the Governor

after consultation with the Corporation.

(4)

The Corporation shall within 3 months of the

receipt by it of the auditor's report in respect of its

accounts for a financial year furnish -

(a)

a report on the affairs of the Corporation for

that year,

(b)

a copy of its accounts therefor, and

(c)

the auditor's report on the accounts,

to the Financial Secretary who shall table the same in the

Legislative Council.

CONFIDENTIAL

機密