| (1) | Subject to the provisions of subsection every registered fund shall, within six months as from the expiration of every financial year, furnish to the registrar such statements in regard to its revenue, expenditure and financial position as may be prescribed, duly audited and reported on by the auditor of the fund; |
| (2) | Every registered fund shall, when furnishing to the registrar the documents referred to in subsection (1), also furnish to the registrar— |
| (a) | a copy of any special report by the auditor relating to any of the activities of the fund during the financial year to which such documents relate; |
| (b) | a copy of any annual report that the fund may have issued to its members or shareholders in respect of the said financial year; and |
| (c) | a copy of any other statement that the fund may have presented to its members or shareholders in respect of any of its activities during such financial year. |
| (3) | If the registrar is of the opinion that any document furnished by a registered fund in terms of subsection (1) does not correctly reflect the revenue and expenditure or the financial position (as the case may be) of the fund, he may reject the said document, and in that event— |
| (a) | he shall notify the fund concerned of the reasons for such rejection; and |
| (b) | the fund shall be deemed not to have furnished the said document to the registrar: Provided that in such event the registrar may apply the provisions of section thirty-three, even though the period concerned may have expired before application is made for extension. |
| (4) | If a fund has been exempted as contemplated in section 2(5)(a), the registrar may authorise such fund to furnish to him or her, instead of the statements referred to in subsection (1), the information prescribed. |
[Section 15 has not yet commenced, per paragraph (h) of Notice 169 of 2018]
