Clause 21

The Minister shall appoint for every year an auditor of the Corporation’s accounts who shall maintain and keep a continuous audit of the accounts during such financial year.

The auditor shall be paid such renumeration as the Minister may from time to time determine.

For the purpose of any audit of accounts under this Act, the auditor may by notice in writing require the production before him of any book, deed, contract, account, voucher or other document which he may deem necessary and may require any person holding or accountable for any such document to appear before him and make and sign a declaration with respect thereto and may require from any person such information or explanation as he deems necessary.

Any person who, being required by the auditor under subsection (3) of this section to produce any document or to appear before him and make and sign a declaration or to furnish information or explanation, fails without reasonable excuse to comply with such requisition, shall be guilty of an offence under this Act and shall be liable on conviction to a fine not exceeding two hundred dollars, and to a further fine not exceeding fifty dollars for every day during which the offence is continued after conviction.