Amendment status not verified — confirm the current text below against the official source.
Accounts and Audit.- (1) The Board shall maintain proper accounts and other relevant records and prepare an annual statement of accounts, including a balance-sheet in such form as may be prescribed. (2) The accounts of the Board shall be audited annually by the State Audit and Account Department or by such auditor certified or qualified under any law for the time being in force as the Government may appoint. 9 (3) The audit officer or auditor shall for the purpose of the audit have access to all the accounts and other records of the Board. (4) The Board shall pay out of the grant such charges for the audit as may be prescribed. (5) As soon as may be after the receipt of the report of the auditor, the Board shall send a copy of the annual statement of accounts, together with a copy of the report of the audit officer or auditor to the State Government and shall cause to be published the annual statement of accounts in such manner as may be prescribed. (6) The State Government may, after perusal of the report of the audit officer or auditor, give such directions, as it thinks fit, to the Board and the Board shall comply with such directions.