Chapter IV FINANCE, ACCOUNTS, AUDIT AND ANNUAL REPORT

General202521 sections5 chapters

12. Grants by the Government.

Statutory text

(1) The Government shall, after due appropriation made by the Legislature by law, pay to the Commission by way of grant such sum of money as the Government may think fit for the purpose of utilising under this Act.
(2) The Commission may, out of the grant spend such sum as it may deem fit for performing the functions under this Act and such sum shall be treated as expenditure payable out of the grant referred to in sub-section (1).

Chapter IV FINANCE, ACCOUNTS, AUDIT AND ANNUAL REPORT

Statutory text

(1) The Commission shall maintain proper accounts and other relevant records and prepare an annual statement of accounts in consultation with the Accountant General in the Form as may be prescribed.
(2) The accounts of the Commission shall be audited by the Accountant General in each financial year and any expenditure incurred in connection with such audit shall be payable by the Commission to the Accountant General.
(3) The Accountant General and any person appointed by him in connection with the audit and accounts of the Commission under this Act shall have the same rights and privileges as the Accountant General generally has in connection with the audit of Government accounts and in particular, shall have the right to demand production of books and accounts, connected vouchers, other documents and papers and to inspect any office of the Commission.
(4) The accounts of the Commission as certified by the Accountant General or any other person appointed by him in this behalf, along with the audit report thereon shall be forwarded to the Government by the Commission in each financial year and the Government shall lay the report before the Legislative Assembly within a period of six months from the date of its receipt.

Chapter IV FINANCE, ACCOUNTS, AUDIT AND ANNUAL REPORT

Statutory text

(1) The Commission shall within three months after the end of each financial year submit to the Government an annual report giving a full account of the activities and programmes undertaken during the previous financial year in such Form and in such manner as may be prescribed.
(2) A copy of the report received under sub-section (1) shall be laid before the Legislative Assembly by the Government within six months from the date of receipt of the same.

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