No. 12/2017 LAND CoMMISSION Cap. 20:29 PART X fiNANCIAL PROVISIONS 53 Funds of Commission (1) The funds of the Commission shall consist of(a) moneys appropriated by Act of Parliament for the salaries and allowances payable to and in respect of members of the Commission and the recutrent administrative expenses of the Commission; and (b) any other moneys that may be payable to the Commission from moneys appropriated for the purpose by Act of Parliament; and (c) any donations, grants, bequests or loans made by any person or organisation or any govemment of any country to the Commission with the approval of the Minister; and (d) any other moneys that may vest in or accrue to the Conunission, whether in terms of this Act or otherwise. (2) The Commission shall apply its funds to the fulfilment of its functions. (3) Moneys not immediately required by the Commission may be invested in such a manner as the Commission, with the approval of the Minister and the Minister responsible for finance, considers appropriate. 54 Accounts of Commission and appointment of internal auditors (1) The Commission shall ensure that proper accounts and other records relating to such accounts are kept in respect of all the Commission's activities, funds and propetty, including such particular accounts and records as the Minister may direct. (2) As soon as possible after the end of each financial year, the Conm1ission shall prepare and submit to the Minister a statement of accounts in respect of that financial year or in respect of such other period as the Minister may direct. (3) The internal auditors of the Ministry appointed in terms of section 80 of the Public Finance ManagementAct [Chapter 22:19] (No. 11 of2009), shall petform the duties of intemal auditors with respect to the funds of the Conmrission. 55 Audit of accounts (1) The accounts of the Commission shall be audited by the Auditor-General, who for that purpose shall have the functions confened on him or her by sections 7 and 8 of the Audit Office Act [Chapter 22:18] (No. 12 of2009). (2) Any person m1der the authority or supervision of the Commission who refuses to provide the Auditor-General with an explanation or information required by him or her for the purposes of an audit or knowingly provides the Auditor-General with a false explanation or information, or an explanation or information that the person has no grounds for believing to be true, shall be guilty of an offence and liable to a fine not exceeding level six or to imprisonment for a period not exceeding one year or to both such fine and such imprisomnent. (3) Notwithstanding anything contained in subsection (1), the Auditor-General may appoint a suitably qualified person to audit the accounts of the Commission and if he or she does so(a) subsections (1) and (2) shall apply in respect of the person so appointed as if he or she were the Auditor-General; and 238