57.     Revenues of Board

            (1) The revenues of the Board shall consist of-

     (a)     fees that the Board may charge for services it may render;

     (b)     grants and donations that the Board may receive; and

     (c)     income that the Board may receive from rentals or sale of land, building or published materials.

            (2) The Board shall use the funds acquired under subsection (1) to meet the costs incurred in its operations and shall use any surplus accrued for such purpose as it may determine.

58.     Financial year

            The financial year of the Board shall be a period of 12 months ending on the 31st of March of every year.

59.     Accounts and audit

            (1) The Board shall keep and maintain proper books of accounts and records of accounts in respect of every financial year relating to the assets, liabilities, income and expenditure of the Board, and shall prepare, in each financial year, a statement of such accounts.

            (2) The accounts of the Board in respect of each financial year shall, within three months of the end thereof, be audited by an auditor appointed by the Board.

            (3) An auditor appointed under subsection (1) shall report in respect of the accounts for each financial year, in addition to any other matter on which the auditor considers it necessary to comment on, whether or not -

     (a)     the auditor has received all information and explanations which, to the best of the auditor's knowledge and belief, were necessary for the performance of the auditor's duties;

     (b)     the accounts and related records of the Board have been properly kept;

     (c)     the Board has complied with all the financial provisions of this Act with which it is the duty of the Board to comply; and

     (d)     the statement of accounts prepared by the Board was prepared on a basis consistent with that of the preceding year and represents a true account of the preceding year and represents a true affairs of the Board.

            (4) The report of the auditor and a copy of the audited accounts shall, within 14 days of the completion thereof, be forwarded to the Board by the auditor.

60.     Annual report

            (1) The Board shall, within a period of six months of the end of the financial year, submit, to the Minister, a comprehensive report on the operations of the Board during that year, together with the auditor's report and the accounts audited under section 59.

            (2) The Minister shall within 30 days of receiving the report under subsection (1), lay such report before the National Assembly.