(1) Within six months of the end of the financial year, the party shall have its income and expenditure audited by a licensed auditor according to the law and submit it to the commission within one month.
(2) The audit report according to sub-section (1) must contain the details as specified.
(3) Within forty-five days after the expiry of the period under sub-section (1), the Commission may order such party in writing or through electronic or other means of communication to submit an open explanation for not submitting the audit report.
(4) Within the period specified in sub-section (1), the relevant party shall submit an explanation.
(5) The audit report according to sub-section (1) shall be made public by the party within one month from the date of submission by the party to the Commission.