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Where accounting records are to be kept
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111. (1) Subject to subsection (2), an ICAV’s accounting records shall be kept at the registered office of the ICAV or at such other place as the directors think fit.
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(2) If accounting records are kept at a place outside the State, there shall be sent to and kept at a place in the State and be at all reasonable times open to inspection by the directors such information and returns relating to the business dealt with in the accounting records so kept as will—
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(a) disclose with reasonable accuracy the financial position of that business at intervals not exceeding 6 months, and
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(b) enable to be prepared in accordance with this Act the ICAV’s balance sheet, its profit and loss account or income and expenditure account and any document annexed to any of those documents giving information which is required by this Act and is thereby allowed to be so given.
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