(1) The National House, a. Regional House or a Traditional Council and a Divisional Council shaIl keep books of account and proper records in relation to the National House, a Regional House or Traditional Council in the form approved by the Auditor-General.

(2) The National House, a Regional House or a Traditional Council and a Divisional Council shaIl submit their accounts to the Auditor-General for audit within three months after the end of each financial year.

(3) The Auditor-General shaIl, 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.

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

(5) The financial year of the National House, a Regional House, a traditional Council and a Divisional Council is the same as the financial year of the Government.