Broadcasting Act, 1999 (Act No. 4 of 1999)Chapter IV : Public Broadcasting Service and Charter of CorporationPart 6 : Financial matters20. Financial year and annual financial statements |
(1) | Subject to the provisions of section 285 of the Companies Act, the financial year of the Corporation commences on 1 April and ends on 31 March of the following year. |
(2) | In addition to the annual financial statements to be drawn up in terms of the Companies Act the Minister may direct the Corporation to draw up annual statements in a form determined by him or her. |
(3) | The annual financial statements must be tabled by the Minister in the National Assembly. |