Section 19: Annual estimates and expenditure.

(1) The Council shall not later than 30 September of each year, submit to the Minister, an estimate of the expenditure and income (including payments to the Council Fund) for the next year.
(2) The estimate of income and expenditure specified under subsection(1) shall not be operative unless with the approval of the National Assembly.
(3) The Council shall cause to be kept proper accounts of the Council in respect of each year and proper records in relation thereto and shall cause the accounts to be audited not later than six months after the end of each year by auditors appointed from the list and in accordance with the guidelines supplied by the Auditor-General for the Federation.