Section 18: Annual estimate and expenditure

(1)
The Council shall, not later than 31st October in each year, submit to the President an estimate of the expenditure and income of the Commission during the next succeeding year.
(2)
The Council shall cause to be kept proper accounts of the Commission in respect of each year and proper records in relation to the Fund and shall cause the accounts to be audited not later than 6 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.