9. (1) The annual accounts and balance sheets of the College shall be prepared under the direction of the Governing Body and shall be submitted to the Council of Cadet Colleges for consideration and approval. (2) The accounts of the College shall be audited by the Accountant-General, Bangladesh and the audit report together with the Governing Body's comments thereon shall be submitted to the Government of the People's Republic of Bangladesh for approval. (3) The annual budget estimate shall be prepared by the Governing Body which shall submit the same to the Council of Cadet Colleges for consideration and approval. (4) The Government of the People's Republic of Bangladesh shall contribute annually to the Cadet Colleges such sum of money as may be determined by them.