32 No. 12
Tanzania Communications Regulatory Authority
39.-- (1) The funds and resources of the council shall consist of (a) such sums as may be appropriated by parliament for the
purposes of the Council during the first three years of the
existence of the Council;
(b) such sums as may be appropriated from the funds of the Authority
for the purposes of the Council;
(c) grants, donations, bequests or other contributions.
2003
Funds of
the
Council
and
annual
report
(2) The Council shall prescribe procedure for enabling members of
the business community and organizations representative of the private
sector to contribute to and budget for all the meetings and transactions
of the Council.
(3) The Council shall keep books of account and maintain proper
records of its operations in accordance with public accounting standards (4) The Council shall at any time, and at the end of each financial
year have the accounts of the Council audited by a person registered
under the Auditors and Accountants (Registration) Act, 1972 appointed
by the Council on such terms and conditions as the Council May determine.
(5) The Council shall prepare an annual report in relation to each
year ended 30 th June and submit it to the Minister before 30th September
in that year.
(6) The annual report shall provide detailed information regarding
the activities of the Council during the previous year ended 30th June
and any additional information requested by the Minister within twenty
eight days of its receipt or on the first available sitting day thereafter, the
Minister shall table in the National Assembly the annual report of the
Council.
(7) subject to subsection (5), the annual report of the Council shall
include the financial statements of the Council for the immediately
preceding financial year and the auditor's report based On the aforementioned financial statements.
Act No.
33 of
1972