Accounts and audit

General200418 sections

Statutory text

(1) The Commission shall maintain proper accounts and other relevant records and prepare an annual statement of accounts.
(2) The annual accounts of the Commission shall be audited by the Accountant General of the State in such manner as may be prescribed by him 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 auditing of the accounts of the Commission under this Act, shall have the same right and privileges and the authority in connection with such audit as the Accountant General generally has in connection with the audit of Government accounts and, in particular, shall have the right to demand the production of books, accounts, connected vouchers and other documents and papers and to inspect any of the offices of the Commission.
(4) The accounts of the Commission, as certified by the Accountant General or any other person duly appointed or authorized by him in this behalf, together with the audit report thereon, shall be forwarded annually to the State Government by the Commission.

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