Chapter IV FINANCE, ACCOUNTS AND AUDIT

1. (1) The Government shall, after due appropriation made by the State Legislature by law in this behalf, pay to the Commission, by way of grants, such sums of money, which is considered to be necessary for being utilised for the purposes of this Act.
2. (2) The Commission may spend such sums, out of grants, as it thinks fit, for performing the functions under this Act and such sums shall be treated as expenditure payable out of the grants referred to in sub-section (1).

1. (1) The Commission shall maintain proper accounts and other relevant records and prepare an annual statement of accounts in such form as may be prescribed.
2. (2) The accounts of the Commission shall be audited annually by the auditor entrusted by the Comptroller and Auditor General in this behalf.
3. (3) All the accounts and other records of the Commission shall be made available to the auditor for the purpose of the audit.

The Government

shall cause the audit reports to be laid, as soon as may be after they are received, before the Legislative Assembly.

The Commission shall, for each financial year,

prepare annual report giving complete information of its activities in the

previous financial year in the prescribed form and time and shall also forward a copy of it to the Government directly.