ing financial 30. September of each year, submit its annual budget for the follow a) to the Minister; year and forecasts for the following three financial years financial year to be us previo 31 March of each year, cause its accounts for the the Auditor-General; by ated audited by the Auditor-General or an auditor design b) ts and an annual 30 June of each year, submit to the Minister the audited accoun report on its activities for the previous financial year; and cant matters 30 June of each year, submit to the Minister a report on all signifi c) d) ns sector, with relating to the performance and efficiency of the communicatio particular reference to the— adequacy and quality of services; and a development contribution of the communications sector to economic cit) in Kiribati. 6) ts to be tabled in Parliament The Minister shall cause the reports and the audited accoun (6) The Commission shail publish and make available upon request to any as soon as possible. person its— budget and forecasts; a) audited accounts; and b) c) annual reports. funds that it receives in The Commission shall transfer to the Universal Access Fund any the Minister directs the excess of its approved budget and forecast funding needs, unless bank account. Commission to retain such excess in the Commission’s nominated 7) (8) charges to any regional or The Commission shall pay Kiribati’s membership fee or other international telecommunications body. Efficiency audit 19, expenditure is excessive having The Minister may, if he considers that the Commission’s the Auditor-General to undertake an regard to the Commission’s functions under this Act, direct Q) efficiency audit of the Commission. 2) Auditor-General shall within three On being directed to undertake an efficiency audit, the months— a) b) c) al year and the review the Commission’s annual budget for the current financi years; al financi Commission’s forecasts for the following three regard to the assess whether the budget and forecasts are reasonable having Commission’s functions under this Act; and these findings and, provide a report to the Commission and the Minister outlining budget and forecasts. if desirable, recommending changes to the Commission’s (3) ake the efficiency audit to a The Auditor-General may delegate its responsibility to undert suitably qualified person or firm. 4) ding providing access to The Commission shall provide all reasonable assistance (inclu aking an ssion) to a person undert any documentation and financial records of the Commi efficiency audit.