Section 25, THE BANK OF SIERRA LEONE ACT 2019

(1) The accounts , records and financial statements ofthe Bank shall, at least annually, be audited in accordance with International Standards of Auditing by an independent external auditor appointed by the Auditor- General, who shall be of good repute and with recognised experience in the auditing of major international financial institutions. (2) An external auditor appointed under subsection (1), shall not be appointed consecutively for a cumulative period exceeding 5 years, after which he is to be replaced. (3) An external auditor shall report to the Audit and Risk Committee under paragraph (d) of subsection (2) of section 14, on key matters arising from the audit and in particular on material weaknesses in internal control in relation to the financial reporting process. (4) An external auditors shall examine all books and accounts of the Bank and obtain all information about its transactions. PART V -CURRENCY OF SIERRA LEONE