Para 11.12 — MSO

11.12 The ledger balance should be verified against the outstanding principal of the loan shown in the Subsidiary Loan Registers. It should also be seen whether the balances due at the end of the year (or if, in the case of any loan, another periodical date is fixed for making up the account, then at the last previous date of making up the account) have been communicated to, and not been challenged by the debtors. This verification may be separately reported to the Government vide paragraph 6.13.