26. The accounts of the syndicate shall be kept by the secretary-treasurer under the control of the board of directors, and audited by the auditor.
The accounts of the syndicate shall be closed every year on 31 December.
After the close of the fiscal year and during the first week of January, a statement of the syndicate’s affairs shall be drawn up in duplicate by the secretary-treasurer, duly attested, and one of the duplicates shall be sent to the Minister.
R. S. 1964, c. 115, s. 26.