Section 16: Accounts and audit

(1) The Board shall, before 30 September in each year, cause to be prepared an estimate of the expenditure and income of the Commission during the next succeeding year and when approved by the Secretary to the Government of the Federation, the estimates shall be forwarded for approval by the Federal Government.
(2) The accounts of the Commission shall be audited annually by an auditor appointed by the Board from the list and in accordance with guidelines supplied by the Auditor-General for the Federation.