(1) The Accounts of the Trust shall be examined and audited at least once a year by qualified accountants appointed by the Council at a general meeting of the Council, and any previously appointed auditor or auditors shall be eligible for re-election.
(2) As soon as the audited accounts have been supplied to the Trust, the Secretary of the Trust shall forward to the Minister a copy thereof together with a copy of the report thereon by the Auditor and the Minister shall lay or cause to be laid before the House such copy and report.