(1) A futures organisation must establish and keep proper accounts of its fidelity fund and must, within the period of 3 months that next succeeds the end of its financial year, cause a balance-sheet in respect of those accounts to be made out as at the end of that financial year. (2) A futures organisation must appoint a registered company auditor to audit the accounts of the fidelity fund. (3) The auditor appointed by a futures organisation must audit the accounts of the fidelity fund and must audit each balance-sheet and cause a report on the accounts and balance-sheet to be laid before the board of the futures organisation not later than 1 month after the balance-sheet is made out. (4) A futures organisation must give to ASIC a copy of each report laid before the board of the futures organisation under this section and of the balance-sheet to which the report relates within 14 days after the report was so laid before the board.