Section 20: Annual estimates and accounts

(1) The Board shall, not later than 31 October in each year, submit to the Minister an estimate of the expenditure and income of the Agency during the following year.
(2) The Board shall keep proper accounts of the Agency in respect of each year and proper records in relation thereto and shall cause the accounts to be audited not later than six months after the end of each year by auditors appointed from the list and in accordance with guidelines supplied by the Auditor-General for the Federation.