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Article 17
1. For section XI (Trustees to appoint officers, Books and Accounts to be kept) of the Act of 1841 there shall be substituted—
“XL.—(1) The Board may employ such persons upon such terms as shall appear reasonable to them and shall ensure that accurate financial records of the business of the Trust are kept.
(2) The financial records will be available for inspection by members of the Board and any person authorised by the Board on reasonable notice during reasonable office hours.
(3) The Board shall ensure that the Trust’s annual accounts are prepared within six months of the end of each financial year.”.
2. For Section XII (Accounts to be audited annually) there shall be substituted—
“XII. Within five months of the end of each financial year the Board shall render the Trust's books and accounts to the Auditor so that he may examine such books and accounts, audit the accounts and report on the accounts at the annual general meeting of the Trust.”.
3. For Section XIV (An Auditor to be appointed) there shall be substituted—
“XIV. The Board shall employ an auditor to audit the Trust's accounts and shall pay the auditor such reasonable fee as it shall determine.”.
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