(l)  Levy on Alcoholic Beverages Fund  (m)  Copyright and Neighbouring Rights (Levy on Technical Devices)  Fund  (n)  Foreign Exchange Stabilisation Fund  beneficiaries which would ensure the retrieval into stock of tents  that were no longer required. Proper management of these  requisites would suggest that purchases at any time should take  account of the existing items in stock available for use.  In terms of Section 12 (2) of the Fund Order establishing the Fund  (Statutory Instrument No. 90 of 2008)  I am responsible for appointing an independent auditor to audit the accounts of the  Fund. Following the award of the tender I have duly appointed  an auditor for the purpose aforesaid. At the time of writing this  report the audit was still in progress.  Section 9 (2) of the Fund Order establishing the Fund requires that  I appoint an independent auditor for the purpose of auditing the  accounts of the Fund. Following the award of the tender I have  duly appointed an auditor to audit the accounts of the Fund as  required. At the time of writing this report the audit was still under  way.  The purpose of the Fund is to allow losses made by Government  or Government institutions on foreign exchange transactions to  be offset against gains on those transactions.  Section 8 of the Fund Order provides that surpluses at the end of  the financial year shall be carried forward to the following year   provided however that the Minister may transfer to the Consolidated Fund any surplus in excess of an amount considered necessary to be retained in the Fund. A review of  the accounts of the Fund had indicated that over the last 4 years  the Fund had maintained steady surplus balances as shown in  the table below  which in my view  would merit consideration of  transfers to the Consolidated Fund:  Financial Fund Year Balance 2017/18  76 294 161  2016/17  81 434 160  2015/16  56 394 273  2014/15  40 404 373  16 