(2) As soon as possible after the end of each financial year, the Agency 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. 46 Audit of Agency’s accounts (1) The accounts of the Agency shall be audited by the Comptroller and Auditor -General, who for the purpose shall have all functions conferred upon him by sections 8 and 9 of the Audit and Exchequer Act [Chapter22:03] as though the assets of the Agency were public moneys and the members of the Board and employees and agents of the Agency were officers as defined in that Act. (2) Any member of the Board or employee or agent of the Agency who⎯ (a) fails or refuses to provide the Comptroller and Auditor-General with any explanation or information required by him for the purpose of an audit in terms of subsection (1); or (b) hinders or obstructs the Comptroller and Auditor-General in the conduct of an audit in terms of subsection (1); shall be guilty of an offence and liable to a fine not exceeding level one or to imprisonment for a period not exceeding three months or to both such fine and such imprisonment. (3) Notwithstanding subsection (1), the Comptroller and Auditor-General may appoint a suitably qualified person to audit the accounts of the Agency and, if he does so⎯ (a) subsections (1) and (2) shall apply in respect of the person so appointed as if he were the Comptroller and Auditor-General; and (b) any expense incurred by the person so appointed in carrying out his audit shall be met from the funds of the Agency. 47 Internal auditor Section 19 of the Audit and Exchequer Act [Chapter 22:03] shall apply, mutatis mutandis, to the appointment of an internal auditor to the Agency in all respects as if the Agency were a department of the Ministry for which the Minister is responsible. PART VIII ENVIRONMENT FUND 48 Establishment of Environment Fund There is hereby established a fund, to be known as the Environment Fund, whose management and control shall be vested, subject to this Act, in the Minister as trustee of the Fund. 49 Composition of Fund The Fund shall consist of— (a) environment levies payable in terms of section fifty; and (b) any moneys that may be payable to the Fund from moneys appropriated for the purpose by Act of Parliament; and (c) any moneys that the Fund may obtain, with the approval of the Minister and the Minister responsible for finance, by way of donations loans, or other financial assistance; and 27