Act 769
National Communications Authority Act, 2008
Expenses of the Authority
21. (l) The expenses of the Authority shall be paid from moneys provided for the funds of the Authority.
(2) Where after having defrayed the outstanding expenses, the
Authority has an excess amount, the Board shall transfer that amount to
the Consolidated Fund unless the Minister for Finance in consultation
with the Minister approves the retention by the Authority of a part or the
whole of that excess amount.
Accounts and audit
22. (1) The Board shall keep books of account and proper records in
relation to them in the form approved by the Auditor-General.
(2) The Board shall submit the accounts of the Authority to the
Auditor-General for audit within three months after the end of each
financial year.
(3) The Auditor-General shall, not later than three months after
the receipt of the accounts, audit the accounts and forward a copy of the
audit report to the Minister.
(4) The Internal Audit Agency Act, 2003 (Act 658) shall apply to
this Act.
(5) The financial year of the Authority shall be the same as the
financial year of the Government.
Annual report and other reports
23. (1) The Board shall within one month after the receipt of the audit
report, submit an annual report to the Minister covering the activities
and the operations of the Authority for the year to which the report
relates.
(2) The annual report shall include the report of the Auditor-General
and shall be submitted in the form and contain the information set out in
the Schedule to this Act.
(3) The Minister shall, within one month after the receipt of the
annual report submit the report to Parliament with a statement that the
Minister considers necessary.
(4) The Board shall also submit in writing to the Minister any other
reports which the Minister may require.
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