Accounts and Audit: mandatory external audit powers enable document inspection and require forwarding certified accounts to the government for parliamentary laying. Each Special Economic Zone Authority must maintain proper accounts and prepare annual financial statements in a form prescribed by the Central Government ... Summary
Accounts and Audit: mandatory external audit powers enable document inspection and require forwarding certified accounts to the government for parliamentary laying.
Each Special Economic Zone Authority must maintain proper accounts and prepare annual financial statements in a form prescribed by the Central Government in consultation with the Supreme Audit Institution. The Authority's accounts are subject to periodic external audit by the Supreme Audit Institution, which may demand books, vouchers and inspect offices, and audit costs are payable by the Authority. Certified accounts and the audit report must be forwarded annually to the Central Government for laying before Parliament.
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