Section 5
Annual estimates and accounts.The Commission shall keep proper accounts and records in respect of each financial year and shall cause its accounts to be audited as soon as possible after the end of each financial year as required by law.
This section requires provides for financial accountability by requiring the Commission to keep proper accounts and records. It also requires the Commission to comply with audit requirements as seen in other laws establishing government agencies.
A fundamental tenet of democracy society is that government agencies entrusted with public resources have a responsibility to render a full accounting of their activities.