Section 28, The National Commission for Privatisation Act, 2002

(1) The Commission shall keep proper books of accounts and proper records in relation to the accounts and shall prepare within a period of three months after the end of each financial year a statement of its accounts in such form as the Auditor-General may direct. No. 12 National Commission for Privatisation Act 2002 15 (2) The books and accounts of the Commission shall each year be audited by the Auditor-General or an auditor appointed by him and a report of the audit shall be submitted to the Commission. [Margin: Annual report of Commission.]