(1) Every sum payable to the Corporation shall be collected and received for and on account of the Corporation. Receipts for sums paid to the Corporation may be authorised by resolution of the Corporation generally or specifically in that behalf.
(2) The financial year of the Corporation shall coincide with the financial year of the Government of Saint Lucia.
(3) Despite anything contained in this Act, the Minister may, in his or her discretion at any time require a Director of Audit to examine and report on the accounts of the Corporation; and the Corporation shall provide the Director of Audit with all necessary and appropriate facilities for such examination.
(4) The Corporation shall make such provision for the safe keeping of its funds as it considers necessary for the purpose.