(a) submit estimates of income and expenditure to the Minister in such form, in respect of such periods and at such times as may be required by the Minister, and
(b) furnish to the Minister any information which the Minister may require in relation to such estimates, including proposals and future plans relating to the performance by the Authority of its functions over a period of years.
(2) The Authority shall cause to be kept all proper and usual books or other records of account of -
(a) all income and expenditure of the Authority,
(b) the sources of such income and the subject matter of such expenditure, and
(c) the property, assets and liabilities of the Authority,
and shall keep such other special accounts as the Minister may from time to time direct to be kept.
(3) The financial year of the Authority shall be the period of 12 months ending on the 31st day of December in any year.
(4) The Authority shall, whenever so requested by the Minister, permi