Section 57, The Industrial Relations and Trade Union Act, 2024

(1) A treasurer or other officer of a registered trade unionshall render a just and true account of all moneys received and paid by him since he last rendered the like account and of the balance then remaining in his hands, and of all bonds and securities of such trade union, to the members at a meeting of the trade union. (2) An account rendered under subsection (1), shall be audited by the Auditor–General or an auditor appointed by him or persons appointed by the trade union and approved by the Registrar. (3) The treasurer or other officer, as the case may be, upon the accounts being audited, if required, handover to the trade union - (a) the balance which on such audit appeared to be due from him; (b) all the securities and effects, books, papers, and property of the trade union in his hands or custody. (4) A registered trade union or employers' organisation shall, not later than 3 months after the expiry of a trade union or employers' organisation financial year, furnish the Registrar with - (a) the information specified under subsection (1), prepared and made out up to such date, in such form, and shall comprise such particulars, including particulars of membership and changes therein, as the Registrar may from time to time require, including - (i) the assets and liabilities at the date on which the account is made; (ii) the receipts and expenditure during the year proceeding the date which the account is made; 44 45 Annual returns Injunction against officer of trade union or employers' No. 6 The Industrial Relations and Trade Union Act 2024 No. 6 The Industrial Relations and Trade Union Act 2024 (b) a copy of - (i) all alterations of the constitution and new constitution; (ii) changes of officers made by the trade union or employers' organisation during the year preceding the date up to which the statement is made; (iii) a copy of the constitution of the trade union or employers' organisation as they exist at that date. (iv) a note of the number of members of the at the commencement of that year; and (v) a note of any alteration in the constitution of the trade union or employers' organisation coming into operation in the calendar year preceding the date the information is given. . (5) A member of, and depositor in, a trade union or employers' organisation shall be entitled to receive, on application to the treasurer or secretary of that trade union or employers' organisation, a copy of a statement under subsection (3), free of cost. (6) An officer of a registered trade union or employers' organisation of the trade union or employers' organisation that fails to comply with or acts in contravention of this section commits an offence and is liable on conviction to a fine not less than 25 months (7) A person who wilfully makes or orders to be made a false entry in or an omission from a statement under subsection (4), or in or from the return of such copies of constitution or alterations of constitution, commits an offence and is liable on conviction to a fine not less than 24 months of the national minimum wage.