Print Options

(1) The Corporation shall keep proper books of account and proper records in relation thereto and the account books and records of the Corporation shall be in such form as the Auditor-General may approve.

(2) The books and accounts of the Corporation shall each year be audited by the Auditor-General or by an auditor appointed by him.

(3) The Corporation shall pay in respect of such audit fee (if any) as the Auditor-General and the Corporation may agree or in the case of failure to agree, such fee as the Commissioner may prescribe.

(4) It shall be the duty of the Corporation as soon as possible but in any case not later than three months upon receiving the report of the Auditor-General under this section, to forward a copy of such report to the Commissioner.

(5) The Commissioner shall, as soon as practicable upon receipt thereof, cause to be laid before the Supreme Military Council a copy of the Auditor-General's report forwarded to him under this section.