Cap. 413 Art. 29Financing of the Commission, accounts and audit.

(1) At least two months prior to the end of its financial year, the Commission shall submit to the Minister, a business plan

(including a financial plan) covering the proposed activities of the

Commission during the following financial year. If approved by the

Minister and by the Minister for Finance, such business plan shall be the approved budget of the Commission.

(2) The Commission shall keep proper accounts of its income and expenditure and shall prepare and send to the Minister statements of account in relation to each financial year of the Commission.

(3) The accounts of the Commission may be audited by the Auditor General and for this purpose the provisions of the Public Finance Management Act shall apply.

(4) The Minister shall, at the earliest opportunity, cause to be laid on the Table of the House of Representatives a copy of such accounts of the Commission.

(5) The financial year of the Commission shall be the twelve months ending on the 31st of December, provided that the first financial year of the Commission after the coming into force of this Act shall commence on the date of the coming into force of this Act and shall end on the 31st day of December of the following year.