Section 15: Annual estimates and expenditure

(1) The Commission shall, not later than 30th September in each year, submit to the President an estimate of the expenditure and income of the Commission during the next succeeding year.
(2) The Commission shall cause to be kept proper accounts of the Commission in respect of each ear and proper records in relation thereto and shall cause the accounts to be audited not later than 6 months after the end of each year by auditors appointed from the list and in accordance with the guidelines supplied by the Auditor- General for the Federation.