Section 13: Annual estimates and accounts.

(1) The Board shall submit to the Minister not later than 31 December in each financial year an estimate of its expenditure and income (including payments from the National Board for Technical Education Fund) during the next succeeding financial year.
(2) The Board shall keep proper accounts in respect of each financial year (and proper records in relation thereto) and shall cause the accounts to be audited by the Auditor-General for the Federation.