Records

(1) Every farmers‟ organisation shall keep at its office the following accounts, records and documents, namely:-

(a) an up-to date copy of this Act;

(b) a map of the area of operation of the farmers‟ organisation along with map of the structures and distributory networks prepared in consultation with the irrigation department;

(c) a statement of the assets and liabilities;

(d) minutes book;

(e) books of account showing receipt and payments;

(f) books of account of all purchases and sales of goods by the farmers‟ organisation;

(g) register of measurement books, level field books, work orders and the like;

(h) copies of audit reports and enquiry reports;

(i) all such other accounts, records and documents as may be prescribed from time to time.

(2) The books of accounts and other records shall be open for information to the members of the Farmers‟ Organisation and also for inspection to any officer or officers authorized by the Government or the Commissioner, as may be prescribed.

(3) To encourage effective functioning of the farmers‟ organizations, the Government may prescribe incentives and disincentives for farmers‟ organizations, based on their performance.