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

(2) The books of accounts of the Authority shall within six months after the end of each financial year be audited by the Auditor-General or by an auditor appointed by the Auditor-General.

(3) The Auditor-General shall not later than six months after the end of each financial year, forward to Parliament a copy of the audited accounts of the Agency for the financial year immediately preceding.