(1) The accounts and financial transactions of the office of Commissioner shall be audited annually by the Director of Audit and a statement of accounts so audited shall form part of the annual report mentioned in section 115(6) of the Constitution.
(2) A Commissioner shall, at such time within each year as the Minister may direct—
(a) submit to the Minister a statement of the accounts of the Commissioner audited in accordance with the provisions of subsection (1);
(b) submit to the Minister for approval the estimates of revenue and expenditure for the financial year commencing on 1 April next following.