Bare Act
The Bombay Local Fund Audit Act, 1930
The Bombay Local Fund Audit Act, 1930, establishes a framework for the financial accountability of local authorities in Maharashtra, such as municipalities, Zilla Parishads, and Panchayat Samitis. It mandates that these bodies submit their accounts for independent audit to ensure transparency and prevent financial mismanagement. The Act empowers auditors to inspect documents and summon officials, while the Commissioner is authorized to impose financial penalties (surcharges) on individuals responsible for illegal payments or gross negligence. For the ordinary citizen, this law acts as a vital safeguard, ensuring that public funds managed by local government bodies are spent legally and responsibly, thereby protecting taxpayer money from waste.
- 1. Short title
- 2. Extent
- 3. Definitions
- 4. Liabilities of local authorities to submit their accounts for audit
- 5. Accounts to be submitted for audit at such period or periods as may be required
- 6. Power of auditor to require production of documents and attendance of persons concerned, etc
- 7. Penalty for disobeying requisition under section 6
- 8. Audit report to be sent to certain officers and bodies as State Government may direct
- 9. Government] may direct.
- 10. Local authority to remedy defects Procedure to be followed after report of the Chief Auditor under section 8
- 11. Commissioner to surcharge or charge illegal payment or loss caused by gross negligence or misconduct
- 12. Recovery of surcharges and charges how made
- 13. Application against order of surcharge or charge
- 14. Expenses in respect of requisitions of auditors to be payable out of local fund
- 15. Rules
- 16. Amendments in Bom. III of 1901 Bom. VI of 1923 and Bom. XVIII of 1925
- 17. Repeal of C. P. and Berar IX of 1933 and saving
- 18. Provisions of this Act to apply in addition to any other law relating to audit of accounts of local authorities
PDF: pending for this language.