Accounts and Audit

(i) The concerned government departments / agencies shall cause to maintain such book of accounts and other relevant records and prepare an annual statement of accounts, including the profit and loss account and the balance sheet in respect of allocations of their shares out of the fund. (ii) The accounts of the Fund shall be audited by the Comptroller and Auditor General of India and Accountant General Jharkhand at such intervals as may be specified by him.