Broadcasting Act, 1990

Accounts and audits.

7.—(1) The Authority shall submit annually for audit to such duly qualified auditors as the Authority may appoint all accounts kept for the purposes of the Broadcasting Authority Acts, 1960 to 1979, and this Act.

(2) Immediately after each audit of its accounts, the Authority shall send to the Minister—

(a) a copy of the income and expenditure account and balance sheet as certified by the auditors,

(b) a copy of the auditors' report,

(c) a statement certified by the auditors in respect of the total revenue derived by the Authority from advertising, sponsorship or other forms of commercial promotion in its broadcasts,

(d) copies of such of the accounts submitted for audit as the Minister may appoint as accounts of which copies are to be furnished to him.