Act 769 National Communications Authority Act, 2008 Expenses of the Authority 21. (l) The expenses of the Authority shall be paid from moneys provided for the funds of the Authority. (2) Where after having defrayed the outstanding expenses, the Authority has an excess amount, the Board shall transfer that amount to the Consolidated Fund unless the Minister for Finance in consultation with the Minister approves the retention by the Authority of a part or the whole of that excess amount. Accounts and audit 22. (1) The Board shall keep books of account and proper records in relation to them in the form approved by the Auditor-General. (2) The Board shall submit the accounts of the Authority to the Auditor-General for audit within three months after the end of each financial year. (3) The Auditor-General shall, not later than three months after the receipt of the accounts, audit the accounts and forward a copy of the audit report to the Minister. (4) The Internal Audit Agency Act, 2003 (Act 658) shall apply to this Act. (5) The financial year of the Authority shall be the same as the financial year of the Government. Annual report and other reports 23. (1) The Board shall within one month after the receipt of the audit report, submit an annual report to the Minister covering the activities and the operations of the Authority for the year to which the report relates. (2) The annual report shall include the report of the Auditor-General and shall be submitted in the form and contain the information set out in the Schedule to this Act. (3) The Minister shall, within one month after the receipt of the annual report submit the report to Parliament with a statement that the Minister considers necessary. (4) The Board shall also submit in writing to the Minister any other reports which the Minister may require. 12