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MAORI PURPOSES ACT 1931 - SECT 40

Annual balance sheet to be prepared

40 Annual balance sheet to be prepared

1 The Commissioner shall cause to be made up to 30 June in each year a balance sheet and statement of accounts setting forth all receipts and payments and income and expenditure of the Commissioner, and specifying all properties sold, leased, or otherwise dealt with, as well as a report of the transactions of the Commissioner.
2 Such balance sheet and statement shall be laid before Parliament as early as possible after the commencement of the session, and shall stand referred to the Maori Affairs Committee of the House of Representatives.
Note: 1902 No 5 s 13; 1928 No 49 s 42
History: Section 40(2): amended, on 27 November 1947, pursuant to section 2 of the Maori Purposes Act 1947 (1947 No 59).



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