Bare ActsThe andaman and nicobar islands khadi and village industries board regulation 1988

Section 29

Amendment status not verified — confirm the current text below against the official source.

The Board may, in any financial year, prepare supplementary Supplcmenmry Budget in such torrn and at such time as may be prescribed and the trouser provisions of section 28 shall apply in relation to such Supplementary Budget. 30, (1) The Board shall maintain proper accounts and other relevant Accounlt and records and prepare an annual statement of accounts in snch form as And“ may be determined by theAdminrstrator in consultation with the Regional Audit Office, Port alair under the Accountant General (Central), Calcutta. (2) The accounts of the Board shall be audltad by the Regional Audit Officer. Port Blair under the Accountant General (Central), Calcutta or such other person as the Administrator, in consultation with the said oilicer, may appotnt, and any expenditure incurred in connection with such audit shall be payable by the Board to the Accountant Genearal (Central), Calcutta, (3) The Regional Audit Oflicer, Port Blair or any other person appointed by him in connection with the audit or the accounts of the Board shall have the same rights and privileges and authority in connec- ction with such audit as the officer generally 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 & other documents & papers at to inspect any of the offices of the Board. (4) Notwithstanding anything contained in subsection (2), the Commission shall have the right to audit and inspect the accounts of the Board pretaining to the amounts paid to the Board 'by it and the Board shall comply with such directions as the Commission may issue in this regard, (5) TJte accounts of the Board as certified by the Regional Audit orhcer or any other person referred to in sub-section (2) together wrth the audit report thereon shall be ,lorwarded annual to the Commission and to the Administrator who shalloause the same to be laid before the Council: ‘ (6) The Board shall comply with such directions as the Administra- nr may issue after perusal of the audit report, , 31: (1) 'l'he Board shall prepare, in such form and such lime in Annuulmport, each financial'vearas may be prescribed, its annual report giving full arc. account of its activities during the previous financial year and forward acfipy thereof to the Administrator and the Commission within three months from the and of the previous financial year. (2) The Administrator shall‘cause the annual report to be laid. as soon as- may be atter it is received by him, before the Council. (3)‘ The Board shall furnish to the Administrator and thd Commission. at such time and in such form and manner such returns and statements and such particulars in regard to any proposed or existing programme tor the promotion and development of khadi and village industries, as the Administrator or as the case may be, the Commission may, from time to time require, (4) The Board shall prepare and forward to the Commission a report within six months from the end of the previous financial year giving details or the— (a) amounts received by it in the previous rinancial year from. the Commission; (b) the activities carried out by it with respect to which such amounts were received. 8 THE ANDAMAN AND NICOBAR EXTRAORDINARY GAZETTE AUG. 10, 1950 CHAPTER Vl MlSCELLANEOUS lrl Mum'c'sr

Section 29 – The andaman and nicobar islands khadi and village industries board regulation 1988 | DailyLaw.ai