Accounts and Audit

General202641 sections

Statutory text

(1) The Authority 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.
(2) The accounts of the Authority shall be subject to audit annually by the Accountant General of Uttarakhand and any expenditure incurred in connection with such audit shall be payable by the Authority to the Accountant General of Uttarakhand.
(3) The Accountant General of Uttarakhand and any person appointed, in connection with the audit of accounts of the Authority shall have the same rights, privileges and authority in connection with such audit as the Accountant General of Uttarakhand has in connection with the audit of the Government accounts and, in particular, shall have right to demand the production of books, accounts, connected vouchers, other documents and papers and to inspect the office of the Authority.
(4) The accounts of the Authority as certified by the Accountant General of Uttarakhand or any other person appointed by him in this behalf together with the audit report thereon and an explanatory memorandum on the action so taken or proposed to be taken, shall be forwarded annually to the State Government and the State Government shall cause a copy of the same to be laid before the State Legislative Assembly.

Study data processing for this section.

PDF: pending for this language.