Natural Gas Enterprise Act Article 43

Natural gas utility enterprises shall establish accounting systems following accounting standards and regulations and create an accounting procedure manual. This manual shall be submitted to the competent authority of the municipality or county (city), which shall subsequently forward the manual to the central competent authority for reference. Any revisions to the manual shall also follow the same process.The central competent authority shall prescribe the accounting standards and regulations stated in the preceding paragraph.Natural gas utility enterprises shall, following the accounting standards and regulations stated in Paragraph 1, regularly submit financial statements to the competent authority of the municipality or county (city) and the central competent authority respectively.If necessary, the central competent authority or the competent authority of the municipality or county (city) may request explanations or send staff to inspect the financial statements stated in the preceding paragraph. The natural gas utility enterprise shall not evade, obstruct, or refuse such requests.