Annual accounts

(1) Th~ arumal accounts of the.University shall be prepared under the directions of the Executive Council and shall be audite9 by ·the ~xaminer oflocal fund account. (2) A copy of the accounts together with the audit report shall be submitted to the Kuladhipati along with the observation if any, of the Executive Councii. (3) Any observations made by the Kuladhipati on the annual accounts shall be. brought to. the notice of the Executive Counci_l and the v-iew~ of the Executive Council if any, on. such observations, shall ~ submi~ :to the Kulad-hipati. (4) A.copy of the accounts together ~ith the audit report, as submitted to the Kuladh.ipati shall also be submitted to the State Government. A copy of the accounts together with the audit.r_eport as submitted to the Stf!te Government shall be laid on the table of the Legislative Assembly by the State Government as soon as possible.