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

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

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

(4) The Internal Audit Agency Act, 2003 (Act 658) shall apply to this Act.

(5) The financial year of the Council is the same as the financial year of the government.