Section 15: Annual estimates and accounts.

(1) The Institute shall, in each year, submit to the Minister an estimate of its expenditure and income (including payments to the Institute's fund) for the next succeeding year.
(2) The Institute shall keep proper accounts in respect of each year and proper records in relation to those accounts and shall cause its accounts to be audited within six months after the end of each year by auditors appointed and in accordance with the guidelines supplied by the Auditor-General of the Federation.