Board to maintain accounts

Board to maintain accounts

1. (1) The Board shall maintain proper accounts and other relevant records and prepare an annual statement of accounts including the balance sheet in such form as may be prescribed by the Government in consultation with the Accountant General, Tripura.
2. (2) The accounts of the Board shall be audited annually by the Accountant General, Tripura or by such other person as the Government may authorize in this behalf and any expenditure incurred in connection with such audit shall be payable by the Board to the Accountant General or such other person, as the case may be.
3. (3) The Accountant General, Tripura or any person authorized by him in connection with the audit of the accounts of the Board shall have the same right, privilege and authority in connection with such audit as the Accountant General 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 Board.
4. (4) The accounts of the Board as certified by the Accountant General, Tripura or any other person authorized in this behalf, together with the audit report thereon shall be forwarded annually to the Government and the Government shall cause the same to be laid before the Tripura Legislative Assembly.