Section 9: Accounts, audit, etc.

(1) The Board shall prepare and submit to the Minister, not later than 31 October each year, an estimate of its expenditure and income during the next succeeding financial year.
(2) The Board shall keep proper accounts in respect of each financial year, and proper records in relation to those accounts and shall cause the accounts to be audited as soon as may be after the end of the financial year to which the accounts relate by a firm of auditors approved from the list and in accordance with guidelines supplied by the Auditor-General for the Federation.
(3) The Board shall prepare and submit to the Minister, not later than 30 June in each financial year, a report in such form as the Minister may direct, on the activities of the Agency during the last financial year and shall include in the report a copy of the audited accounts of the Agency for that last financial year and of the auditor's report on those accounts.
(4) The Minister shall cause a copy of each report made to him under this section to be laid before the President.