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Abstract of accounts to be made out yearly, and sent to loan fund board.
Board may require accounts at shorter intervals.
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40. The trustees and managers of every society established or acting under the provisions of this Act shall cause an abstract of the accounts of such society for each year to be made out, up to and ending with the thirty-first day of December, together with a statement of the funds and effects and property of every kind, and of the debts and liabilities of such society, and of the clear net profit and appropriation thereof, and of the loss (if any) for the year then ended, which abstract and statement shall be in such forms, and shall contain such particulars connected with the accounts and transactions of such society, as the said loan fund board shall from time to time direct; and a copy of such abstract and statement, duly certified to be correct by the secretary, treasurer, and at least one trustee, shall, some time in the month of January in each year, be transmitted to the said loan fund board: Provided always, that it shall be lawful for the said loan fund board, at their discretion, to require half-yearly, or quarterly, or monthly accounts from any such society as aforesaid, and thereupon such accounts shall be transmitted to the said board by such society accordingly.
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