( 1) All Sinking Funds established under this Act shall

be subject to annual examination by the Auditor appointed under section 92 who Annual examination shall ascertain whether the cash and the value of securities belonging to such of Sinking Funds. Sinking funds are equal to the amount which should be at the credit of such Sinking Funds, had the investment under section 115 been regularly made and had the interest accruing from such investments been regularly obtained.

1. (2) The amount which should be at the credit of a Sinking Fund shall be calculated on the basis of the sums paid into such Sinking Fund under section