Section 4: Financial provisions.

(1) The Board shall prepare and submit to the Minister not later than the 31st day of December in the year in which this Act comes into force (so however that for that year the Minister may, if he considers it necessary, extend the period) and of each subsequent year, an estimate of its expenditure and income during the next succeeding financial year.
(2) The Board shall keep proper accounts in respect of each financial year, and proper records in relation to those accounts to be audited as soon as may be after the end of the financial year to which the accounts relate by a firm of auditors approved as respects that year by the Minister.