(1) The Executive Secretary shall ensure that the Commission keeps proper books of account and proper records in relation thereto.

(2) The books of accounts and the said records of the Commission shall be in such form as the Auditor-General may approve.

(3) The accounts of the Commission shall be audited annually by the Auditor-General who shall make a report thereon to the Commissioner and forward a copy of such report to the Secretary to the National Redemption Council for the information of the Council.