Section 38: Audits and Annual Reports of the Council.

(1) The financial year-end of the Council shall be 31st December.
(2) The accounts of the Council shall be audited not later than 60 days after the end of each financial year by external auditors appointed by the Board and fees of the auditors shall be paid from the funds of the Council.
(3) The Council shall publish an annual report on its affairs and functions during a financial year, not later than 30th April after the end of that financial year, and such report shall include:
(a) a copy of its audited annual financial statements;
(b) an overview of the activities of the Council;
(c) an account of the extent to which the objects of the Council have been achieved in that financial year; and
(d) such other relevant reports as required under this Act.
(4) The report mentioned in sub-section (3) of this section shall be presented to the National Assembly.