(1) An industry board must provide the Auditor-General with the financial statements that are to be included in the board's annual report for a financial year.
(2) An industry board must do so within:
(a) 2 months after the end of that year; or
(b) if another period is specified by the Minister – that period.
(3) The Auditor-General must:
(a) audit the financial statements; and
(b) report to the industry board on the financial statements.
(4) The Auditor-General must do so within:
(a) 2 months after receiving the financial statements; or
(b) if another period is specified by the Administrator – that period.