10
(6) The Minister shall lay before Parliament, on one of the fourteen days on which
Parliament next sits after the report is received by him or her—
(a) the annual report submitted to him in terms of subsection (5); and
(b) any other report submitted to him or her in terms of this section which the Commission
has requested should be laid before Parliament;
together with any comments as the Minister thinks fit to make thereon.
18 Funds of Commission
(1) The funds of the Commission shall consist of such moneys as may be payable to the
Commission from moneys appropriated for the purpose by Act of Parliament.
(2) The Commission’s financial year shall be the period of twelve months ending on the
31st December in each year or such other date as the Minister may prescribe.
(3) The Commission shall ensure that proper accounts and other records relating to the
accounts are kept in respect of all its activities, funds and property, including such particular
accounts and records as the Minister may direct.
(4) 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.
(5) Subject to the Audit and Exchequer Act [Chapter 22:03], the Commission shall appoint
as auditors one or more persons who are registered as public auditors in terms of the Public
Accountants and Auditors Act [Chapter 27:12].
(6) The accounts kept by the Commission in terms of subsection (3) shall be examined by
the auditors appointed in terms of subsection (5).
(7) The auditors appointed in terms of subsection (5) shall make a report to the Commission
and to the Minister on the statement of accounts prepared in terms of subsection (4), and in their
report shall state whether or not in their opinion the statement of accounts gives a true and fair
view of the Commission’s financial affairs.
19 Regulations
The Minister after consultation with the Commission may make regulations providing for all
matters which by this Act are required or permitted to be prescribed or which, in his or her
opinion, are necessary or convenient to be provided for in order to carry out or give effect to this
Act.
SCHEDULE (Section 13)
POWERS OF COMMISSION
1. To make recommendations to the police to arrest and detain any persons reasonably
suspected of committing any of the following offences and communicate any such
recommendation to the Attorney-General—
(a) any offence related to corruption;
(b) contravening section 63 (“Money-laundering”) of the Serious Offences (Confiscation
of Profits) Act [Chapter 9:17];