Amendment status not verified — confirm the current text below against the official source.
(I) The Board shall prepare and forward to the Government and the Commission in such manner as may be prescribed, an annual report within six months from the end of the each financial year giving a complete accounts of its activities during the previous financial year along with a copy of the annual statement of accounts together with the audit report referred to in section 25. (2) The report and the annual statement of accounts together with audit report received by the Government under sub-section (I), shall be laid before the Legislative Assembly as soon as may be after it is received by the Government. CHAPTER VI MISCELLANEOUS (27) On and from the said date of dissolution u der sub-section (I) -(a) all properties and funds, which immediately before the said date were in the possession of the Board for the purpose of this Act shall vest in the Government; Members and servants of the Board to be public servants.