Nairobi International Financial Centre Act

24. Accounts and audit

Edition: 2022-12-31 · In force

24. Accounts and audit

(1)The Board shall cause to be kept proper books and records of accounts of income, expenditure, assets and liabilities of the Authority.

(2)Within a period of three months after the end of each financial year, the Board shall submit to the Auditor-General the accounts of the Authority in respect of that financial year together with—

(a)a statement of income and expenditure of the Authority during the year;

(b)a statement of assets and liabilities of the Authority on the last day of that year; and

(c)a funds flow statement during that year.

(3)The accounts of the Board shall be audited and reported upon in accordance with the provisions of the Public Audit Act (Cap. 412B).

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Source: Kenya Law