Amendment status not verified — confirm the current text below against the official source.
( 1) The State Government shall constitute the Haryana State Audit and Accounts Services. The mode of recruitment and conditions of service of the members of the Service shall be such, as may be prescribed. (2) The Local Audit Department prior to the commencement of this Act shall hereinafter be known as the State Audit Department. The Director. Local Audit functioning before the commencement of this Act shall continue as the Director, State Audit Department. 7, (I) The accounts relating to the financial year shall be prepared and presented for audit by the authority within three months after the end of each financial year, in such form and in such manner, as may be prescribed. (2) The authority shall furnish certified financial disclosure by the 30th June each year including details of the various bank accounts of the accountable and auditable entity along with the following details- (i) public funds deposited in the various bank accounts; (ii) interest thereon; and (iii) utilization as on date and future expenditure plan. J ' -: HARYANA GOVT. GAZ. (EXTRA.), MAR. 12, 2019 (PHGN. 21, 1940 SAKA) (3) The State Govern t · hh Id auditabl · . men may wit o release of funds to any accountable and of fi1 e_e1ntity which fails to furnish accounts for audit on expiry of three months from the end mancia year. b h (4) . The Sta?eGovernment shall take necessary action to recover the loss as identified Y t e Audit Officers m such manner, as may be prescribed. . (5) . The authority shall check that the public funds provided to any accountable and auditable entity f?r_a_specific purpose are spent in the financial year, failing which, the State Government may uunate examination into the economy, efficiency and effectiveness with which the resources have been utilized and after giving an opportunityof being heard, may- (i) call for an explanationfor non-utilization within the financial year; (ii) call for explanation for the delay; (iii) withdraw the funds allocated by the State, along with interest incurred on such funds and deposit the same in a bank account designated by the State Government: Provided that the funds withdrawn above may be released by the State Government on submission of a request by the accountable and auditable entity along with a concrete action plan for utilization: Provided further that no funds shall be withdrawn contrary to the provisionsof the Constitution of India or any other law for the time being in force.