Chapter IV Chapter IV

Finance, Accounts and Audit

1. (1) The State Government shall, after due appropriation made by the State Legislature by law in this behalf, pay to the Commission by way of grants from the Consolidated Fund of the State, such sums of money as the State Government may think fit for being utilized for the purposes of this Act.
2. (2) The Commission may spend such sums as deemed necessary 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 by the State Government in consultation with the Accountant General.
2. (2) The accounts of the Commission shall be audited by the Accountant General at such intervals as may be specified by him and any expenditure incurred in connection with such audit shall be payable by the Commission to the Accountant General.
3. (3) The Accountant General and any person appointed by him in connection with the audit of the accounts of the Commission under this Act shall have the same rights, privileges and authority in connection with such audit as the Accountant General generally has in connection with the audit of the Government accounts and, in particular, shall have the right to demand the production of books, accounts, connected vouchers and other documents and to inspect any of the offices of the Commission.
4. (4) The account of the Commission as certified by the Accountant General or any other person duly appointed or authorized by him in this behalf along with the audit report thereon shall be forwarded annually to the State Government by the Commission.

The Commission shall prepare, for each financial year, its annual report giving a full account of its activities during the previous financial year, in such form and at such time, as may be prescribed; and forward a copy thereof to the State Government.

The State Government shall cause the annual report, alongwith a memorandum of action taken on the advice or recommendations tendered by, the Commission under section 9 and the reasons for the non-acceptance, if any, of any such advice or recommendations and the audit report to be laid, as soon as may be, after it is received, before each House of the State Legislature.