Inspection and returns -Where a loan has been applied for under this

Act, the applicant, and at any time during the currency of a loan that has been granted under it, the grantee, shall be bound,-

1. (a) to comply with any general or special order of the Government, relating to the inspection of the premises, building or plant or stock on hand of the industry;
2. (b) to submit the accounts of the industry to such audit as may be prescribed.