(1) The Board shall, with the approval of the Minister, within one month after the end of each financial year appoint an independent auditor.
(2) An independent auditor appointed under subsection (1), shall conduct the audit in accordance with generally accepted international auditing standards and principles.
(3) The Board shall grant to the independent auditor appointed under subsection (1) access to a book, deed, contract, account, voucher or other document which the independent auditor may consider necessary and the independent auditor may require the person holding or accountable for the document to appear, make a signed statement or provide information in relation to the document as the independent auditor considers necessary.