Section 99: Annual estimates and expenditure.

(1) The Council shall, not later than 31 October in each year, submit to the President an estimate of the expenditure and income or the N-HYPPADEC during the succeeding year.
(2) The Council shall cause to be kept proper accounts of the N-HYPPADEC in respect of each year and proper records in relation to the Fund 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.