section 32
Accounts and Audit
The Odisha University of Agriculture and Technology Act, 1965Education196540 sections6 chapters
Chapter VI UNIVERSITY FUNDS, ETC.
Statutory text
- (1) The accounts of the University shall be maintained in the prescribed manner under the direction of the Vice-Chancellor and all moneys accruing to or received by the University from whatever source and all amounts disbursed or paid shall be entered in the accounts.
- (2) The accounts of the University and its funds shall be subject to audit under the Orissa Local Fund Audit Act, 1948. The copy of the audit report shall be presented by the Vice-Chancellor to the Board and the Chancellor. A copy of the same shall be sent to the Government with a note of action taken on the report.
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