Accounts and audits

(1) The Agency shall keep accounts of its transactions according to international accounting standards and such accounts shall be audited by the Auditor-General or by an auditor appointed by the Minister. (2) The members, officers, agents and servants of the Agency shall grant to the Auditor-General or the auditor appointed to audit the accounts of the Agency under sub- section (1) access to all books, documents, cash and securities of the Agency and shall give to him on request all such information as may be within their knowledge in relation to the operation of the Agency. (3) The Agency may with the approval of the Minister write off bad debts.