Law library · Sierra Leone · THE BANK OF SIERRA LEONE ACT 2019
Section 21, THE BANK OF SIERRA LEONE ACT 2019
Status not yet checkedTHE BANK OF SIERRA LEONE ACT 2019, Sierra Leone
(1) The Bank shall within 3 months from the end of eachfinancial year submit to the Minister and to Parliament-
(a) a copy of the annual financial statements
approved by the Board, signed by the
Chairman and certified by the external
auditor;
(b) a report approved by the Board on-
(i) its operations during that year, in
particular in relation to its policy
objectives and the events that affected
the economy of Sierra Leone; and
(ii) the state of the economy during the
previous financial year, including an
outlook for the economy for the coming
year, with emphasis on its policy
objectives and the condition of the
financial system of Sierra Leone,
(2) The report on the state of the economy under
paragraph (b) of subsection (1) shall -
(a) include -
(i) a review and assessment of the policies
of the Bank of the last financial year;
(ii) a description and explanation of the
policies for the next financial year;
(b) be published in the Gazette.
(3) The Bank shall -
(a) publish on its website -
(i) the financial statements and reports
under subsection (1) of section 27;
(ii) not later than 21 days after the last
working day of each month, a proforma
balance sheet as of the end of that
month;
(b) publish in the Gazette, the proforma balance
sheet under subparagraph (ii) of paragraph
(a).
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