(1) Without prejudice to the requirements of the Act of 2014, the IANS shall keep, in such form as may be approved of by the Minister with the consent of the Minister for Public Expenditure and Reform, all proper and usual accounts, and shall also keep in such form all such special accounts as the Minister may from time to time direct.

(2) Accounts kept pursuant to this section shall be submitted annually by the IANS to an auditor for audit and, immediately after the audit, a copy of the accounts and such other (if any) of the accounts kept by the IANS as the Minister may direct and a copy of the auditor's report on the accounts shall be presented to the Minister who shall cause copies thereof to be laid before each House of the Oireachtas.