24
CAP. 411A
Kenya Information and Communications
[Rev. 2011
Commission except in accordance with the annual estimates approved
under subsection (3) or in pursuance of an authorisation of the Board.
Accounts and audit.
20. (1) The Board shall cause to be kept all proper books and
records of accounts of the income, expenditure, assets and liabilities
of the Commission.
(2) Within a period of three months after the end of each financial
year, the Board shall submit to the Auditor-General (Corporations)
or to an auditor appointed under subsection (3), the accounts of the
Commission together with—
(a) a statement of income and expenditure during that year;
and
(b) a statement of the assets and liabilities of the Commission
on the last day of the financial year.
(3) The accounts of the Commission shall be audited by the
Auditor-General (Corporations) or by an auditor appointed by the Board
with the written approval of the Auditor-General (Corporations).
(4) The appointment of an auditor shall not be terminated by
the Board without the prior written consent of the Auditor-General
(Corporations).
(5) The Auditor-General (Corporations) may give general or
special directions to an auditor appointed under subsection (3) and the
auditor shall comply with those directions.
(6) An auditor appointed under subsection (3) shall report directly
to the Auditor-General (Corporations) on any matter relating to the
directions given under sub-section (5) of this section.
(7) Within a period of six months after the end of the financial
year, the Auditor-General (Corporations) shall report on the examination
and audit of the accounts of the Commission to the Board and to the
Minister, and in the case of an auditor appointed under subsection (3),
the auditor shall transmit a copy to the report to the Auditor-General
(Corporations).
(8) Nothing in this Act shall be construed to prohibit the
Auditor-General (Corporations) from carrying out an inspection of
the Commission’s accounts or records whenever it appears to him
desirable and the Auditor-General (Corporations) shall carry out such
an inspection at least once every six months.