Section 24: Annual estimates, accounts and audit.

(1) The Authority shall submit to the Minister not later than 30 June in each financial year, an estimate of its expenditure and income during the next succeeding financial year.
(2) The Authority shall keep proper accounts and proper records, in relation thereto and shall prepare in respect of each financial year statement of accounts in such form as the Minister may direct.
(3) The Authority shall, within six months after the end of the financial year to which the accounts relate, cause its accounts to be audited by auditors appointed from the list and in accordance with guidelines supplied by the Auditor-General for the Federation.