Section 36: Accounts.

(1) The Authority shall-
(a) cause proper accounts and other records in relation thereto to be kept; and
(b) shall prepare an annual statement of accounts in such 1959 form and containing such particulars, compiled in such manner as the Minister may offer consultation with the Authority from time to time direct.
(2) The said annual statement of accounts shall present a true and fair view of the financial position of the Authority and of the results of the Authority's operations for the year to which it relates, and the Minister shall exercise his powers under this section accordingly.
(3) The accounts of the Authority shall be audited by an auditor or auditors to be appointed annually by the Authority with the approval of the Minister.
(4) As soon as the accounts of the Authority have been audited as aforesaid, the Authority shall send a copy of the state- ment of accounts referred to in paragraph (b) of subsection (1) of this section to the Minister together with a copy of the report made by the auditor or auditors thereon.
(5) The Minister shall lay a copy of every such statement of accounts and report on the table of the House of Representatives.