Kenya Industrial Research and Development Institute Act

35. Accounts and audit

Edition: 2024-12-27 · In force

35. Accounts and audit

(1)The Board shall cause to be kept proper books of accounts of all the income and expenditure, assets and liabilities, undertakings, funds, activities, contracts, transactions and other business of the Institute.

(2)The Board shall ensure that all money received is properly brought to account, all payments out of its funds are correctly made and properly authorized and that adequate control is maintained over its assets and liabilities.

(3)The accounts of the Institute shall be audited in accordance with the Public Audit Act (Cap. 412B).

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Source: Kenya Law