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Board to transmit an annual report and account to Parliament.
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7. The said loan fund board shall, on or before the thirty-first day of March in every year, cause a report of their own proceedings, and also of the proceedings of the several loan societies under their control and superintendence, during the year ending on the thirty-first day of December then next preceding, to be prepared, which report shall contain an account of all monies and funds which shall have come to the hands or been placed to the credit of the said board, either from public or private sources, during the year to which such report shall relate, and shall specify the particular sources of revenue from which such monies and funds shall have arisen, and an account of all and every the monies expended or lent by the said board during the said year, and for what purposes, and upon what account respectively, and showing the balance then standing to the credit of the said board, and the amount of loans from the said board outstanding; and such annual report shall be signed by at least five members present at such board, and countersigned by the secretary, and be laid before both Houses of Parliament within one month after the same shall have been prepared, if Parliament shall be then sitting, or within one month after the commencement of the then next session.
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