The fimd oi'the Manditl may be utilizedior the following purposes, namely;

Purposes for which the Fund of the Mandal may be utilized.

1. (a) the re~ayment ofdebts incurred by the Mandal for the purposes ofthis Act and the Rules, and Regulations made there under,
2. (b) the ex.penses of any suit or legal proceeding to which Manda! is a party,
3. (c) the payment of salaries and allowances to the officers and servants of the Mandal, )(1 · (d) the payment of allowances to the office bearers of the Mandal,
4. (e) the paymentofany expenses incurred by theManda! in carrying out the provisions ofthis Act and the Rules, and Regulations made thereunder,
5. (f) any other expenses incurred for the promotion and development ofMedical Practitioner inModernMedicine andSurgeryeducation,research, and training;declared by theMandal to be in general interest ofthe Medical Practitioner in ModemMedicine and Surgery profession. 23. (i) The accounts of the Manda! shall be prepared before such date and at such intervals, and in such manner as may be prescribed. Accounts and Audit.

1. (2) The accounts of the Board shall be audited by a Chartered Accountant. The audit fees of the Chartered Accountant shall be fixed by the Mandal from time to time as per their regulations. (3)Assoon astheaccountsoftheMandalare audited,theMandal shallsenda.copythereof together with a report of the Director Health Services thereon, to the State Government in such manner as may be prescribed. 0'ffi~•i<; u;;rcr,r, ~ 18 ~ 2001 198 (22) 24. (1) The Secretary shall cause to be prepared, in such form as may be prescribed, a budget in re pectofthe financial year next ensuing showing the estimated receipts and expenditure and shaUca~ it to be laid before the Mandal at such time and in such manner as may be prescribed.
2. (2) Within 15 days from the meeting in which the budget is passed, it shall be forwarded to the State Govenunenc.
3. (3) Ifthe State Government is ofthe opinion that the provisions ofthe budget so forwarded ei> it ~~•aatc: {IJfcanyiag ~ of th»-Aot.; ·rshall rctt1rn the eudget to "l:hdMiandmior · as ayk ested by tlMt ~ Qevenunent.
4. (4) The Mandal shallbe~to~opriatc suchaptOUnts as may benecessary from one head"to another and within such heads. -
5. (5) The Manda! shall as and when required, pass a supplementary budgetin such fonn and by such date as may be prescribed and the provisions ofsub•section (2), (3), and (4) sq_all apply to such supplementary bud et CHAPIER-VII REGISTRATION AND STATE REGISTER 25. (l)~MMdallhallcausek>bemaint.ataed intfle.prescribedmanner aregisterofPractitioner . ia Modem Medicioc ud Surgery Practiliooers k> be known as the Stare Registec, who possess any ofdie recognized qualificalions. _..be~""'1oftheSecretary,tokeepdlO StareRegister'in~withdiepro- wiaoosofthis Al:;t. Mdof•Yoroeamaclcby the Mandal and from timeto time revise the register and publish it in the official gazette, in such manner as may be prescribed.
6. (3) 'The State Register shall be deemed to be a public document within the meaning of the Indian Evidence Act, 1872 and may be proved by a copy publi bed in the official gazette.
7. (4) Every person possessing a recognized qualification shall be eligible for enrollment on the State Register on furnishing to the Secretary the proof of such qualification and on payment ofsuch fees as may be prescribed..