- 13.1 True account shall be kept -
- 13.1.1 of all money received and expended by Nican and the matter in respect of which the receipt or expenditure takes place; and
- 13.1.2 of the property, credits, and liabilities of Nican and subject to any reasonable restriction as to time and manner of inspecting them that may be imposed by Nican for the time being, those accounts shall be opened to the inspection of the members of Nican.
- 13.2 The Treasurer of Nican shall faithfully monitor all general records, accounting books, and records of receipt and expenditure connected with the operation of Nican in such form and in such manner as the Board may direct.
- 13.3 The accounts, books and records referred to in sub-clause (13.1) and (13.2) of this rule shall be kept at Nican's office or at such other place as decided by the Board.
- 13.4 In accordance with the Act, at least once in each financial year, the accounts of Nican shall be examined by the Auditor.