The Laws of Zambia 20. (1) The Corporation shall charge to its revenue account all charges which in the normal conduct of a business are regarded as proper to be made to a revenue account and in so doing shall make adequate annual provision, whether by sinking fund or other proper means, for- (a) interest and all other charges and expenses incurred in connection with loans; (b) the depreciation or diminution in value of assets; and (c) the redemption of loans at due times to the extent that the annual provision exceeds the amount to be provided under paragraph (b). Charges to revenue account of Corporation and investment of monies in sinking funds (2) Money in sinking funds established in terms of subsection (1) shall be vested in such manner as the Board acting in consultation with the Minister may think fit. 21. The funds of the Corporation shall consist of such moneys as may- (a) be payable to the Corporation in terms of this Act; (b) be appropriated by Parliament for the purposes of the Corporation; (c) be paid to the Corporation by way of grants or donations; and (d) vest in or accrue to the Corporation. Funds of Corporation 22. The Corporation shall cause to be kept proper books of account and other records relating to its accounts. Accounts 23. (1) For the purpose of auditing its accounts, the Board shall appoint Auditors from amongst persons who, or organisations which, are registered as public accountants to examine the accounts of the Corporation not less than once in each financial year. Appointment of auditors (2) The Corporation shall produce and lay before the auditors all books and accounts of the Corporation, with all vouchers in support thereof and all books, papers and writings in its possession or control relating thereto. (3) The auditors shall be entitled to require from all directors and all employees of the Corporation such information and explanations as may be necessary for the performance of their duties as auditors. (4) All expenses in connection with or incidental to an audit shall be borne and paid by the Corporation. Copyright Ministry of Legal Affairs, Government of the Republic of Zambia