(1) The Trust must
cause proper accounting records to be kept in relation to the financial
affairs of the Trust, and must have annual statements of account prepared in
respect of each financial year.
(2) The accounting
records and the statements of account must comply with—
(a) any
instructions of the Treasurer under section 41 of the
Public Finance and Audit Act 1987 ; and
(b) any
further requirements imposed by the Auditor-General.
(3) The
Auditor-General may at any time audit the accounts of the Trust and must audit
the annual statements of account.