ADVOKS GLOBAL · KENYA
County Governments Retirement Scheme Act
41. Accounts and audit.
Edition: 2022-12-31 · In force
41. Accounts and audit.
(1)The Board shall cause to be kept proper books and records of accounts of the income, expenditure, assets and liabilities.(2)Within a period of three months after the end of each financial year, the Board shall submit to an auditor who is recognized and approved by the Authority the accounts of the Scheme in respect of that year together with—(a)balance sheet showing in detail the assets and liabilities of the Scheme as at the end of the financial year.(b)a statement of the income and expenditure of the Scheme during that year; and(c)such other statements as may be required by the Authority.(3)The annual accounts of the Scheme shall be prepared, audited and reported upon in accordance with the Retirement Benefit Act and other relevant laws.