12Accounts and records

12 Accounts and records

(1)  The Commission must ensure that there are kept proper accounts and records of the transactions and affairs of the Commission and any other records that will sufficiently explain the financial operations and position of the Commission.

(2)  The Commission is to do all things necessary to –

(a) ensure that all money payable to the Commission is properly collected; and

(b) ensure that all money expended by the Commission is properly authorised; and

(c) ensure that adequate control is maintained over assets owned by, or in the custody of, the Commission; and

(d) [Regulation 12 Subregulation (2) amended by S.R. 2022, No. 11, Applied:31 Mar 2022] ensure that all liabilities incurred by the Commission are properly authorised.

(e) [Regulation 12 Subregulation (2) amended by S.R. 2022, No. 11, Applied:31 Mar 2022] .  .  .  .  .  .  .  .  

(f) [Regulation 12 Subregulation (2) amended by S.R. 2022, No. 11, Applied:31 Mar 2022] .  .  .  .  .  .  .  .