Politeknik Brunei Act · 2021 Revised Edition
18. Audit
Official textFrom Attorney General's Chambers, unchanged
The accounts and financial statements of the Politeknik Brunei shall be audited annually by -
Politeknik Brunei
"Politeknik Brunei" means the Politeknik Brunei established under section 3;
the Auditor General; or
any person who has been authorised to perform the duties required by the Companies Act (Chapter 39) to be performed by an auditor, who shall be appointed annually by the Board:
Provided that where the accounts of the Politeknik Brunei have been audited by a person appointed under sub-paragraph (b), they may be verified by the Auditor General before they are presented to the Minister of Finance pursuant to section 20(1).
The auditor shall in his report state -
whether the financial statements show fairly the financial transactions and the state of affairs of the Politeknik Brunei;
whether proper accounting and other records have been kept, including records of all assets of the Politeknik Brunei whether purchased, donated or otherwise;
whether receipts, expenditure and investment of moneys and the acquisition and disposal of assets by the Politeknik Brunei during
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the financial year were in accordance with the provisions of this Act;
and
such other matter arising from the audit as he considers necessary.
Terms defined in s 2
Board
Defined · s 2"Board" means the Board of Governors of the Politeknik Brunei constituted in accordance with the Constitution;
Politeknik Brunei
Defined · s 2"Politeknik Brunei" means the Politeknik Brunei established under section 3;