(d) such other moneys and assets as may vest in or accrue to the Council, whether in the exercise of its functions or otherwise. 15 Expenses of Council Subject to this Act, the expenses incurred by the Council in the exercise of its functions in terms of this Act shall be met out of the funds of the Council. 16 Accounts of Council (1) The Council shall keep proper books of account and other records relating thereto. (2) The accounts of the Council shall be audited at least once in each calendar year by a public auditor registered in terms of the Public Accountants and Auditors Act [Chapter 27:12], and appointed by the Council. 17 General meetings of registered valuers (1) The Council shall at least once in each calendar year convene a general meeting of all registered valuers. (2) The Council shall ensure that not less than fourteen days’ notice in writing of a general meeting of registered valuers is sent to each registered valuer, which notice shall set out the matters to be dealt with at that general meeting. (3) The Council shall submit to the annual general meeting called in terms of subsection (1) a report setting out the activities of the Council since the previous annual general meeting. 18 Inquiries by Council (1) The Council shall have power to hold inquiries for the purposes of the Act and for such other purposes as the Minister may approve. (2) For the purposes of holding an inquiry in terms of subsection (1), the Council shall have the same powers, rights and privileges as are conferred upon a commissioner by the Commissions of Inquiry Act [Chapter 10:07], other than the power to order a person to be detained in custody, and sections 9 to 13 and section 15 of that Act shall apply, mutatis mutandis, in relation to an inquiry held in terms of subsection (1) and to any person summoned to give evidence or giving evidence at the inquiry. (3) The Council shall have power— (a) if it is reasonably necessary for the detection of any offence in terms of this Act or any misconduct on the part of a registered valuer, to investigate at all reasonable times and without giving prior notice any person practising or suspected to be practising as a valuer; (b) to require any registered valuer or any person reasonably suspected to be practising as a valuer to provide the Council with such information as the Council may require in the exercise of its functions under this Act. (4) For the purpose of an investigation in terms of this section, the Council may appoint in writing an investigator, approved either generally or specifically for the purpose by the Minister, with authority to— (a) enter any premises; and (b) question any persons employed on the premises; and (c) inspect, make copies of and take extracts from any books, records or other documents; -8-