Amendment of section 81

for the sub-section (1) of Section 81 of the Principal Act, the following shall be substituted, namely, — “(1) The Registrar shall audit or cause to be audited by a person authorized by him or by a certified Auditor or a Chartered Accountant by general or special order in writing in this behalf the accounts related to the previous year of every co-operative Society at least once in a year within six months of the close of the co-operative year. Provided that the general body of the co-operative society shall appoint the auditor from the panel approved by the Registrar. Provided further that the audit report of the accounts of an apex co-operative society shall be laid before the State Legislature”.