Section 27, The National Power Authority Act, 1982

(1) The Authority shall keep in due form all proper and usual accounts of all moneys received or expended by it, including capital account, revenue account, profit and loss account, and balance sheet, and in particular shall keep all such special accounts as the Minister on his instruction or at the request of the Minister of Finance shall from time to time direct. (2) Separate accounts shall be kept in relation to moneys received and expended by the Authority in connection with the manufacture, provision, sale and letting on hire of electrical equipment. (3) The accounts of the Authority shall be audited and reported on by independent Auditors who shall be members of a recognised body of qualified Accountants appointed annually by the Authority with the approval of the Minister; and for that purpose such Auditors shall have access to all books, records returns, and other documents relating to or relevant to these accounts. (4) So soon as the accounts of the Authority have been audited which shall not be more than six months after the end of each financial year it shall send copies of the accounts referred to in sub-section (1) to the Minister and the Minister of Finance together with any report made by the Auditors on the accounts of the Authority. (5) The Minister shall cause a copy of every such accounts and report to be laid before Parliament. [Margin: Annual Report.]