Registration of Institutions and audit of their accounts

General200423 sections

Statutory text

(1) On the commencement of this Act every institution shall within 3 months submit an application for registration under this Act in such manner as may be prescribed.
(2) The application shall be accompanied by such fees as may be prescribed.
(3) The Ayog shall after such enquiry as it deems fit issue a certificate of registration in such form as may be prescribed.
(4) The Ayog shall maintain a register of institution registered with it in such form as may be prescribed.
(5) Whenever any change occurs in any of the particulars relating to any institution recorded in the register as prescribed under sub-section(4), the person entrusted to act on behalf of the institution shall report the change to the Ayog which shall after such enquiry as it deems fit make the necessary changes in the register.
(6) The accounts of every institution, which has been registered under this Act, shall be prepared each year on the thirty first day of March and its accounts shall be audited annually in the prescribed manner.

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