Finance Act 2010 - TRA

(b)renumberingParts V, VI and VII as Parts VI, VIIand VIII, respectively;and(c) renumbering sections 37 to 45 as sections 40 to 48,respectively.PART IXAMENDMENT OF THE PuBLIC AUDIT ACT, (CAP. 418)ConstructionCap. 418Amendmentof section 2729. This Part shall be read as one with the Public AuditAct, hereinafter referred to as the "principal Act".30. The principal Act is amended by repealing section 27and substituting for it the following new section:"Fore- 27.-(1) Where, in the course of forensicnsicaudit audit or any other audit, the officer of theNational Audit Office suspects commission offraud or any related offences, he shallimmediately report the matter to the Controllerand Auditor General for determination of theaudit.(2) The Controller and Auditor Generalshall, after studying the matter, report the fraudor any related offences to an appropriateinvestigative organ and serve a notice to theDirector of Public Prosecutions.(3) The investigative organ that has receivedthe report from the Controller and AuditorGeneral shall investigate the matter withinsixty days and forward the file of the case tothe Director of Public Prosecutions.(4) In case where the investigative organ isunable to finish investigation within therequired time, it shall be the duty of thatinvestigative organ to seek extension of timefrom the Director of Public Prosecutions.