Definitions.

In this Act, unless the context otherwise requires

1. (a) audit means pre-audit, concurrent audit, post audit, cent percent audit, resident audit, test audit, special audit and such other examination of accounts as the Government may from time to time, specify;
2. (b) auditor means the Director of State Audit appointed under section 3 and includes any other person on whom all or any of the powers of the auditor under this Act, are conferred; 1[(c) a Gram Panchayat, a township, a Mandal Praja Parishad or a Zilla Praja Parishad constituted under the Telangana Panchayat Raj Act, 2018.]
3. (e) Concurrent audit means a post audit of a day-today accounts of a specified period, with a general review of the accounts from time to time;
4. (f) Director means the Director of State Audit appointed under section 3;
5. (g) fund means any fund the control and management of which a local authority or other authority is legally entitled to and includes any cess, rate, duty fee or tax leviable by, and any property vested in, such authority;
6. (h) Government means the State Government of 2Telangana;
   • (i) local authority means:-
7. (a) a municipal corporation constituted under the law relating to municipal corporation for the time being in force;
8. (b) a municipal council constituted under the 3Telangana Municipalities Act, 1965; 4[(c) a gram panchayat, a township, a 5Mandal Praja Parishad or a 5Zilla Praja Parishad constituted under the 6Telangana Panchayat Raj Act, 1994;]
9. (e) A market committee constituted under the 7Telangana (Agricultural Produce and Livestock) Markets Act, 1966;
10. (f) Rashtra Karshaka Parishad, Commodities Federations and Mandal Karshaka Parishads constituted under the 8Andhra Pradesh Rashtra Karshaka Parishad and Allied Bodies Act, 1988; and
11. (g) A Zilla Grandhalaya Samstha constituted under the 9Telangana Public Libraries Act, 1960;
12. (j) notification means a notification published in the 2Telangana Gazette and the word notified shall be construed accordingly;
13. (k) post audit means the detailed audit conducted after the transactions are completed;
    • (I) pre audit means the preliminary audit before receiving the money or arranging the payments;
14. (m) prescribed means prescribed by rules made under this Act;
15. (n) resident audit means concurrent or pre audit of expenditure and review of receipts;
16. (o) Schedule means the Schedule appended to this Act;
17. (p) Special Audit means an audit of accounts pertaining to a specified item or series of items requiring thorough examination.
18. (q) surcharge means the amount for which, the auditor in exercise of powers vested in him under this Act, makes a person liable for the loss, waste, misapplication or misappropriation, of any money or other property belonging to any local authority.