a. The National Council shall cause the keeping of financial records for the Institute at such a place as the National Council shall see fit and which shall always be open to inspection by members of the Institute at all reasonable times and the records shall also be available to members of the Institute at all times, under such conditions as the National Council may determine.
b. The Council shall prepare such financial statements as the law requires to be laid before the members in an Annual General Meeting.
c. The Institute shall keep proper books of accounts of the money received and used by the Institute and the manner in respect of which such receipt and expenditure took place and of the property, credits and liabilities of the Institute.
d. The accounts shall be audited at least once a year and shall be made available to the Registrar of Professional Bodies with the Ministry of Labor and Members.
a. The Institute, at each general meeting at which accounts are laid, shall appoint an appropriately qualified auditor to hold office from the conclusion of that meeting until the conclusion of the next general meeting at which accounts are laid.
b. Copies of the financial statements and an Appointed Auditors Report shall be made accessible to members of the Institute not less than 7 days before the Annual General Meeting.