31A. — (1) The financial year of the Commission is —

( a ) the period of 12 months beginning on 1 July in each year, or

( b ) if the Commission has published a notice in accordance with subsection (2) , the period specified in the notice.

(2) The Commission may, by notice published in Iris Oifigi ú il , specify as the Commission ’ s financial year a period different from that specified in subsection (1)( a ) or previously specified under this subsection. ]