Section 21: Auditing of accounts.

(1) The Council shall keep proper records of the annual accounts of the Institute in each financial year.
(2) The accounts of the Institute shall be audited within six months after the end of each financial year by auditors appointed by the Council and the fees of the auditors and the expenses of audit shall be paid from the Fund of the Institute.
(3) The audited annual accounts and report shall be submitted by the Council to the members of the Institute at the annual general meeting.