Section 10: Accounts and audit

(1) The Council shall keep proper accounts and proper records in relation thereto and shall prepare in respect of each financial year a statement of accounts in such form as the Minister may direct.
(2) The Council shall as soon as may be after the end of the financial year to which the accounts relate cause its accounts to be audited by qualified auditors approved by the Minister from the list and in accordance with guidelines supplied by the Auditor-General for the Federation.