Inland Fisheries Act 2010

55.

Final accounts of Central Board and regional boards.

55.— (1) IFI shall prepare, in accordance with the accounting standards specified by the Minister for the purposes of section 46(2) and in respect of the period specified under subsection (3), final accounts of the Central Board and each of the regional boards dissolved under section 48 .

(2) IFI shall submit the final accounts prepared in accordance with subsection (1) to the Comptroller and Auditor General for audit not later than 3 months after the establishment day.

(3) For the purpose of subsection (1), the Minister may specify a period that is longer or shorter than a financial year of the body concerned.

(4) Section 46(7) and (8) applies with the necessary modifications in relation to the final accounts prepared under this section.