Cap. 601 Art. 40Ministerialaudited accruals-based consolidated annual financial statements. Publication of the audited accruals- basedconsolidated financial statements.      Cap. 396.

Each ministry shall prepare or cause to be prepared, in the form and manner provided for by the Accountant General, the accruals-based consolidated annual financial statements, consolidating the financial performance and financial position of the respective ministry and its departments, at ministerial level, and shall submit such statements to the Accountant General not later than two (2) months after the close of that financial year, for onward submission to the Auditor General.

41. † (1) As soon as possible after the close of each financial year, and in every case not later than six (6) months after the close of such year, the Accountant General shall prepare and forward accruals-

based consolidated financial statements, consolidating the financial performance and financial position of each Ministry, to the Auditor

General.

(2) The Auditor General shall, in accordance with the Auditor General and National Audit Office Act, audit these accruals-based consolidated financial statements.

(3) Upon receiving the audited accruals-based consolidated financial statements from the Auditor General, the Minister shall, not later than nine (9) months after the close of that financial year, cause such statements to be published for publication in the Gazette and lay a copy thereof before the House within ten (10) days of such publication:

Provided that in reckoning such period, no account shall be taken of any time during which the House is dissolved or prorogued, or during which it is adjourned for more than ten (10) days.