The Rules of Management for Motor Vehicle Accident Compensation Fund Article 10

This Fund shall prepare an annual budget report and work plan for the following year annually before July 31; submit a final report and business report of the previous fiscal year before April 15 each year, which shall be passed by the Board of directors, and report to the FSC for reference.Due to major changes in the market and the actual needs of the business, this Fund need to increase the expenditure, shall be passed by the Board of directors and approval by the FSC, it may be included in the annual accounts processing.The budget report and final report referred to in the paragraph 1 shall include balance sheet, statement of balance in income and expenditure, statement of cash flow, statement of changes in net value and related tables.The final report and business report set out in the paragraph 1 shall be submitted to all supervisors, if any, for conducting audit separately after they are passed by the Board of directors, and report to the FSC for reference along with a supervisory report for the preceding year prepared by the supervisors.