Medicines and Allied Substances [No. of 2013 43 (a) be appropriated to the Authority by Parliament for the purposes of the Authority; (b) be paid to the Authority by way of fees, grants or donations; and (c) otherwise vest in or accrue to the Authority. (2) The Authority may, subject to the approval of the Minister— (a) accept moneys by way of grants or donations from any source within or outside Zambia; and (b) raise by way of loans or otherwise, such moneys as it may require for the discharge of its functions. (3) There shall be paid from the funds of the Authority— (a) the salaries, allowances, loans, gratuities and pensions of members of staff of the Authority; (b) such reasonable travelling and other allowances for the members of the Board and of any committee of the Board when engaged on the business of the Authority, at such rates as the Minister may determine; and (c) any other expenses incurred by the Authority in the performance of its functions under this Act. (4) The Authority may, subject to the approval of the Minister, invest in such manner as it considers appropriate such funds of the Authority which it does not immediately require for the discharge of its functions. 9. The financial year of the Authority shall be a period of twelve months ending on 31st December in each year. Financial year 10. (1) The Authority shall cause to be kept proper books of account and other records relating to its accounts. Accounts and audit (2) The Authority shall, within ninety days of expiry of financial year, submit to the Minister a report concerning its activities during the financial year. (3) The report referred to in subparagraph (2) shall include statements of income and expenditure and a statement of affairs or balance sheet. (4) The accounts of the Authority shall be audited annually or whenever necessary by the Auditor-General. 11. (1) As soon as practicable, but not later than six months after the end of the financial year, the Authority shall submit to the Minister a report concerning its activities during that financial year. Annual report