Amendment status not verified — confirm the current text below against the official source.
(1) The annual report and accounts of the Council shall be approved by it and shall be got audited every year: Provided that the accounts of receipt and expenses of the fee levied and collected shall be duly certified by the Council in the annual report. (2) The audit shall be done by a Chartered Auditor appointed by the Executive Committee from a panel approved by Comptroller and Auditor General and the Council shall bear the cost of such audit. (3) The accounts of the Council may be audited by a competent authority of the State Government as and when the Government desires. Prohibition against unauthorized conferment of degree etc.