(1) The Board may open bank accounts that the Board considers necessary with the approval of the Minister of Finance, except that a bank account opened outside the country shall be subject to Article 183(2) (b) of the Constitution.

(2) The Board shall keep books of account and proper records in relation to them in a form approved by the Auditor-General.

(3) The Board shall submit the accounts of the Authority to the Auditor-General for audit within three months after the end of the financial year.

(4) The Auditor-General shall not later than three months after the receipt of the accounts, audit the accounts and forward a copy of the audit report to the Minister.

(5) The financial year of the Authority shall be the same as the financial year of the government.