S.L. 445.6 ст. 6Accountsandother records. Cap. 396.

(1) The Committee shall cause to be kept proper accounts and other records of the receipts and expenditure of the Fund, and shall cause to be prepared a statement of accounts in respect of each financial year.

(2) The accounts of the Fund shall be audited by auditors appointed by the Committee from among persons who are qualified to be appointed as auditors of a company:

Provided that the Minister responsible cultural heritage, together with the Minister responsible for Gozo, may require the books and accounts of the Fund to be audited or examined by the Auditor General who shall for the purpose have all the powers set out in the Auditor General and National Audit Office Act.

(3) The Committee shall, as soon as may be but not later than five months after the close of each financial year, transmit to the House of Representatives, through the Minister responsible for Finance, a copy of its annual accounts duly audited together with a brief report on the projects or other deserving causes funded during the previous year.