|
|
Accounts of OSI.
|
26.—(1) The chief executive officer shall cause to be kept, on a continuous basis, all proper and usual books or other records of account of—
|
|
| |
(a) all income and expenditure of OSI,
|
|
| |
(b) the sources of such income and the subject matter of such expenditure, and
|
|
| |
(c) the property, assets and liabilities of OSI,
|
|
| |
and shall keep all such special accounts as the Minister may from time to time direct.
|
|
| |
(2) The accounts of OSI for each financial year shall be prepared by the chief executive officer and approved by the Board as soon as practicable but not later than three months after the end of the financial year to which they relate for submission to the Comptroller and Auditor General for audit.
|
|
| |
(3) A copy of the accounts referred to in subsection (2) and the report of the Comptroller and Auditor General thereon shall, as soon as is practicable, be presented to the Minister who shall cause copies thereof to be laid before each House of the Oireachtas.
|
|
| |
(4) OSI shall, if so required by the Minister, furnish to him or her such information as he or she may require in respect of any balance sheet, account or report of OSI or in relation to the policy and operations of OSI other than day-to-day operations.
|
|
| |
(5) The financial year of OSI shall be the period of 12 months ending on 31 December in any year and, for the purposes of this section, the period commencing on the establishment day and ending on 31 December of that year shall be deemed to be a financial year.
|
|
| |
(6) OSI shall submit estimates of income and expenditure to the Minister in such form, in respect of such periods, and at such times as may be required by him or her and shall furnish to the Minister any information which he or she may require in relation to such estimates.
|
|
| |
(7) OSI, the chief executive officer and the other officers of OSI shall, whenever so requested by the Minister, permit any person appointed by the Minister to examine the books or other records of account of OSI in respect of any financial year or other period and shall facilitate any such examination, and OSI shall pay such fee as may be fixed by the Minister.
|
