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Contents

Part VIII · General

61. Audit

(1)

The accounts of the Authority shall be audited annually by-

(a)

the Auditor General; or

(b)

any person who is of good repute and has recognised international experience in the auditing of major international financial institutions and who has been authorised to perform the duties required by the Companies

Act (Chapter 39) to be performed by an auditor, who shall be appointed for not more than 5 years by the Authority.

(2)

Where the accounts of the Authority have been audited by a person appointed under subsection (l)(b), the accounts referred to in that subsection may be verified by the Auditor General before they are forwarded to the Minister pursuant to section 62(1).

Report