section 40
Accounts and Audit
The Meghalaya State Housing Board Act, 1986Infrastructure198660 sections6 chapters
Chapter V FINANCE, ACCOUNTS AND AUDIT
Statutory text
- (1) The Board shall cause to be maintained proper books of accounts and such other records as the rules may require and shall prepare in accordance with the rules a statement of accounts for each financial year.
- (2) The accounts of the Board shall be audited once a year by authorised auditors (Chartered Accountants) to be appointed by the Board.
- (3) As soon as the accounts of the Board have been audited the Board shall send a copy thereof together with a copy of the auditors to the Government and shall cause the accounts to be published in the official Gazette not later than four months after 31st March every year.
- (4) The Board shall comply with such directions as the Government may, after perusal of the report of the auditor, think fit to issue.
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