Agricultural Credit Act, 1978

Accounts.

[1947, s. 19; 1969, s. 5.]

16.—(1) The Corporation shall keep, in such form as may be approved by the Minister, all proper and usual accounts of all money received or expended by it, including a profit and loss account and a balance sheet and, in particular, all such special accounts as the Minister may from time to time direct.

(2) As soon as may be after the end of each accounting year, accounts kept under this section shall be submitted by the Corporation to an auditor for audit and, immediately after the audit, a copy of the profit and loss account, the balance sheet and any other such accounts kept pursuant to a direction of the Minister and the auditor's report on the accounts shall be presented to the Minister who shall cause copies thereof to be laid before each House of the Oireachtas.

(3) The Corporation shall supply the Minister with such information regarding the performance of its functions as he may from time to time require.

(4) The Corporation shall not under subsection (3) furnish or be required to furnish any information which would disclose the affairs of any particular depositor, borrower or applicant for a loan.