28QFinancial statements and practices

##### 28Q Financial statements and practices (1) The Board must cause proper accounts and records of its transactions and affairs to be kept in accordance with the accounting principles generally applied in commercial practice. (2) The financial statements of the Board are to be in a form approved by the Minister for Finance. (3) The Board must do all such things necessary to ensure that all payments by it are correctly made and properly authorised and that adequate control is maintained over all assets of, or in the custody of, the Board and over the incurring of liabilities by the Board.