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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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