National Development Corporation Act, 1986

Accounts and audit.

29.—(1) The Corporation shall keep in such form as may be approved of by the Minister, with the consent of the Minister for Finance, all proper and usual accounts of all moneys received by or expended by it, including a profit and loss account and a balance sheet, and, in particular, shall keep in such form as aforesaid all such special accounts as the Minister may from time to time direct.

(2) Accounts kept in pursuance of this section shall be submitted for audit by the Corporation to an auditor appointed by the Corporation with the approval of the Minister given with the consent of the Minister for Finance, to audit the accounts which, when so audited, shall be presented by the Corporation to the Minister who shall cause copies thereof to be laid before both Houses of the Oireachtas.