63. (1) This section applies to—

(a) a designated institution of higher education referred to in paragraph (a)(vi) or (b) of section 53(1), or

(b) a higher education provider which is not a designated institution of higher education that receives, or has received, funding from An tÚdarás under section 37.

(2) A designated institution of higher education or a higher education provider to which this section applies shall keep, in such form as An tÚdarás may approve, all proper and usual accounts and records of all moneys received or expended by it, including an income and expenditure account and a balance sheet and such special accounts as An tÚdarás may from time to time direct.

(3) A designated institution of higher education or a higher education provider to which this section applies shall submit accounts kept under subsection (2) for audit to an auditor to the extent and by such date as An tÚdarás may from time to time direct.

(4) Immediately after the audit referred to in subsection (3), the designated institution of higher education or the higher education provider to which this section applies shall furnish to An tÚdarás a copy of—

(a) the accounts, and

(b) the report of the auditor on the accounts.

(5) Immediately after the audit referred to in subsection (3), the designated institution of higher education or the higher education provider to which this section applies concerned shall publish the accounts and the report of the auditor on the accounts.