23 17. To provide security in respect of loans guaranteed in terms paragraph 16 by the deposit of securities. 18. To make loans to any employee of the Commission⎯ (b) not exceeding six months’ salary or wages payable to him or her, for any purpose; (a) with the approval of the Minister, for the purpose of purchasing vehicles, tools or other equipment used by him or her in carrying out his or her duties; on such security as the Commission considers adequate.25 19. To do anything for the purpose of improving the skill, knowledge or usefulness of its employees, and in that connection to provide or assist other persons in providing facilities for training, education and research and to pay for the aforesaid, where necessary. 20. To provide such services as the Commission considers could properly be provided by the Commission. 21. With the approval of the Minister, to provide financial assistance to any person, association, organisation or institution whose activities are such as to be, in the opinion of the Commission, of benefit to the Commission. 22. Generally, to do all such things as may be necessary, conducive or incidental to the exercise of the powers and the performance of the functions of the Commission under this Act or any other enactment. THIRD SCHEDULE (Section 9 (2)) FINANCIAL PROVISIONS RELATING TO COMMISSION Financial year of Commission 1. The financial year of the Commission shall be the period of twelve months ending on the 31st December in each year. Accounts of Commission 2.(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 property, including such particular accounts and records as the Minister may direct. (2) Not later than three months after the end of each financial year of the Commission, the Commission shall prepare and submit to the Minister a statement of accounts in respect of that financial year or such other period as the Minister may direct. 25 Paragraph substituted by section 14 of Act 17/2007.