Common use of Financial Year End Clause in Contracts

Financial Year End.  To prepare an annual budget for the administrative and reserve funds that will include an estimate of income and expenditure for consideration and approval at the annual general meeting.  To prepare the annual financial statements for submission to the appointed auditor of the Scheme and to arrange the annual audit.  To prepare an annual report reviewing the affairs of the Body Corporate for the financial year for presentation at the Annual General Meeting.

Financial Year End.  To prepare an annual budget for the administrative fund and if relevant for the reserve funds fund, that will include an estimate of income and expenditure for consideration and approval at the annual general meeting.  To prepare the annual financial statements for submission to the appointed auditor of the Scheme Association and to arrange the annual audit.  To prepare an annual report reviewing the affairs of the Body Corporate Association for the financial year for presentation at the Annual General Meeting.

Financial Year End.  To prepare an annual budget for the administrative and if relevant the reserve funds fund that will include an estimate of income and expenditure for consideration and approval at the annual general meeting.  To prepare the annual financial statements for submission to the appointed auditor of the Scheme Association and to arrange the annual audit.  To prepare an annual report reviewing the affairs of the Body Corporate Association for the financial year for presentation at the Annual General Meeting.