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

(2) The books of accounts of the Commission shall, within three months after the end of each financial year, be audited by the Auditor-General or by an auditor authorised by him.

(3) The financial year of the Commission shall be the same as the financial year of the Government.