Financial Provisions With Respect to Majlis
1. The Majlis shall keep proper accounts and records of its transactions and affairs and shall do all things necessary to ensure that all payments out of its moneys are properly authorised and correctly made and that adequate control is maintained over the assets of, or in the custody of, the Majlis and over the expenditure incurred by the Majlis.
2. The Majlis shall, as soon as practicable after the close of each financial year, prepare and submit financial statements in respect of that year to the auditor of the Majlis.
3. The accounts of the Majlis shall be audited by the Auditor-General or such other auditor as may be appointed annually by the Minister in consultation with the Auditor-General.
4. A person shall not be qualified for appointment as an auditor under paragraph 3 unless he is a public accountant who is registered or deemed to be registered under the Accountants Act (Cap. 2).
5. The remuneration of the auditor shall be paid out of the funds of the Majlis.
6. The auditor or any person authorised by him shall be entitled at all reasonable times to full and free access to all accounting and other records relating, directly or indirectly, to the financial transactions of the Majlis and may make copies of or extracts from any such accounting and other records.
7. The auditor shall in his report state —
whether the financial statements show fairly the financial transactions and the state of affairs of the Majlis;
whether proper accounting and other records have been kept, including records of all assets of the Majlis whether purchased, donated or otherwise;
whether the receipts, expenditure, and investment of moneys and the acquisition and disposal of assets by the Majlis during the financial year were in accordance with the provisions of this Act; and
such other matters arising from the audit as he considers necessary.
8. The auditor shall, as soon as practicable after the accounts have been submitted for audit, send a report of his audit to the Majlis. He shall also submit such periodical and special reports to the Minister and to the Majlis as may appear to him to be necessary or as the Minister or the Majlis may require.
9. The auditor or any person authorised by him may require any person to furnish him with such information in the possession of that person or to which that person has access as the auditor considers necessary for the purposes of his functions under this Act.
10. Any person who fails, without reasonable excuse, to comply with any requirement of the auditor under paragraph 9 or who otherwise hinders, obstructs or delays the auditor in the performance of his duties or the exercise of his powers shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $1,000.
911. The Majlis shall, as soon as the financial statements have been audited in accordance with the provisions of this Act, send to the Minister a copy of the audited financial statements, signed by the President or Vice-President, together with a copy of the auditor’s report.
9 This paragraph will be amended as set out in section 12 of the Administration of Muslim Law (Amendment) Act 2005 (Act 35 of 2005) when that section is brought into operation.
12. Where the Auditor-General is not the auditor of the Majlis, a copy of the audited financial statements and any report made by the auditor shall be forwarded to the Auditor-General at the same time they are submitted to the Majlis.
13. The Minister shall as soon as practicable cause a copy of the annual report, the audited financial statements and the auditor’s report to be presented to Parliament.
14. The financial year of the Majlis shall begin on 1st January and end on 31st December in each year.
15. This Schedule shall apply to the accounts of the General Endowment Fund, the Mosque Building and Mendaki Fund and such other accounts as the Minister may, by notification in the Gazette, specify.
[14/90; 20/99; 29/2008]