Section 26: Accounts and audit — Corporate Industrial Restructuring Corporation Ordinance, 2000

Expired / historical — retained for reference — Source: Pakistan Code (single official PDF, 2026-08-21). Whether this provision is still in force has not been independently verified.

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26. Accounts and audit.—(1) The financial year of account of the Corporation shall be the year commencing the first day of July and ending the last day of June. (2) Subject to subsection (1), the Corporation shall maintain its accounts in such manner as the Federal Government may, in consultation with the Auditor General of Pakistan, prescribe. (3) The accounts of the Corporation shall be audited by one or more auditors who are chartered accountants within the meaning of the Chartered Accountants Ordinance, 1961(X of 1961), appointed by the Corporation.

Effective date: 2000-01-01

Related sections

Section 25: Corporation Fund Section 27: Reserve fund Section 24: Powers of the Corporation to seek assistance Section 28: Budget Statement Section 23: Certain rights and remedies Section 29: Annual report to the Federal Government

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