Accounts and Audit

(1) The Board shall maintain proper accounts and other relevant records and prepare an annual statement of accounts in such form as may be determined by the Administrator in consultation with the Regional Audit Office, Port Blair under the Accountant General (Central), Calcutta. (2) The accounts of the Board shall be audited by the Regional Audit Officer, Port Blair under the Accountant General (Central), Calcutta or such other person as the Administrator, in consultation with the said officer, may appoint, and any expenditure incurred in connection with such audit shall be payable by the Board to the Accountant General (Central), Calcutta. (3) The Regional Audit Officer, Port Blair or any other person appointed by him in connection with the audit of the accounts of the Board shall have the same rights and privileges and authority in connection with such audit as the officer generally has in connection with the audit of Government accounts and, in particular, shall have the right to demand the production of books, accounts, connected vouchers & other documents & papers & to inspect any of the offices of the Board. (4) Notwithstanding anything contained in subsection (2), the Commission shall have the right to audit and inspect the accounts of the Board pertaining to the amounts paid to the Board by it and the Board shall comply with such directions as the Commission may issue in this regard. (5) The accounts of the Board as certified by the Regional Audit Officer or any other person referred to in sub-section (2) together with the audit report thereon shall be forwarded annual to the Commission and to the Administrator who shall cause the same to be laid before the Council. (6) The Board shall comply with such directions as the Administrator may issue after perusal of the audit report.