Section 34: Books of accounts — Pakistan Sovereign Wealth Fund Act, 2023

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34. Books of accounts.___(1) The Fund shall maintain proper accounts and other records to reflect true and fair view of Fund’s state of affairs and prepare financial statements as per the relevant international financial reporting standards. (2) The fund shall also prepare separate financial statements of each fund established under section 26 as per the relevant international financial reporting standards.

Effective date: 2023-08-04

Related sections

Section 33: Internal audit function Section 35: Audit of accounts Section 32: Public private partnership Section 36: Reports Section 31: Prohibition against using the Fund assets as collateral Section 37: Submission of annual report to the Majlis-e-Shoora (Parliament)

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