Section 17, The National Communications Authority Act, 2022

(1) The Authority shall have a Director-General who shallbe appointed by the President subject to the approval of Parliament. (2) A person shall not be appointed as a Director - General unless that person has relevant knowledge, qualification and at least 5 years experience in either telecommunications, information technology, economics, finance, law or administration Transparency Appointment o f Director- Consultations (d) such money as is from time to time allocated to the Authority by Parliament; (e) the proceeds from the Authority selling any assets or equipment to which it has title; (f) loans obtained from reputable financial institutions. (2) The Authority may charge fees in respect of publications, seminars, documents, and other services provided by (3) The money of the Authority that is not immediately required to perform its functions may be invested on deposit with any bank or financial institution in Sierra Leone. (4) The money accruing to the Authority shall be divided as follows- (a) eighty eight percent (88%) for the financing of the activities of the Authority; (b) two percent (2%) to be allocated to the Universal Access Development Fund created under section (158) of this Act; and (c) ten percent (10%) to be paid into the Consolidated Fund for appropriation by Parliament. 23. (1) The Authority shall keep proper books of account and other records in relation to the activities properties and finances of the Authority in a form approved by the Auditor-General and shall prepare in respect of each financial year of the Authority a financial statement which shall include – (a) balance sheet accounts; (b) income and expenditure accounts; Accounts and Audit of No. 16 The National Communications Authority Act 2022No. 16 The National Communications Authority Act 2022 (3) The Director-General shall hold office for a period of five years and shall be eligible for re-appointment for another period of five years