Section 22, The National Communications Authority Act, 2022

(1) The activities of the Authority shall be financedby a fund consisting of the following- (a) fees and other moneys payable to the Authority under this Act and regulations; (b) fines payable to the Authority in respect of breaches of licence terms, conditions and obligations; (c) grants or donations received by the Authority; 26 27 Director- General. Deputy Director General. Other staff Funds of the Confidentiality No. 16 The National Communications Authority Act 2022No. 16 The National Communications Authority Act 2022 (c) source and application of funds; and (d) financial estimates, particularly of the amount of revenue to be collected in the ensuing year (2) The accounts of the Authority kept under subsection (1) shall be audited by the Auditor General or any auditor appointed by him . (3) For the purposes of subsection (2) the Auditor- General or the auditor appointed by him shall be entitled to have access to all books of account, vouchers and other financial records of the Authority and to require any information and explanation as he may think fit. (4) The Authority shall provide the Auditor-General or the auditor appointed by him with all necessary and appropriate facilities for the examination of the accounts and records of the Authority . (5) The Auditor–General or the auditor appointed by him shall submit to the Authority a report on the audited accounts and the financial statement referred to in subsection (1) and shall in his report draw attention to – (a) irregularities in the accounts; (b) matters that are likely to adversely affect the operations of the Authority; and (c) other matter which in his opinion ought to be brought to the notice of the Authority.