Annual accounts and audit.

Education201823 sections

Statutory text

(1) The accounts of the Council and the annual report of accounts shall be maintained in such manner, as may be prescribed.
(2) The accounts of the Council shall be audited by an Auditor appointed by the Council.
(3) The Member-Secretary shall be responsible for preparing the annual report of accounts and make available a sealed copy of the same to each member and present the same before the Council for approval.
(4) Mistakes and irregularities pointed out by the Auditor shall be rectified by the Council by following due procedure.
(5) The audited report of accounts of the Council shall be presented to the State Government within prescribed time limit alongwith the comments of the Council.
(6) After receiving the annual accounts and audit report, the State Government shall lay it before the State Legislature as soon as possible.

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