Bare ActsThe KARNATAKA INDUSTRIAL AREAS DEVELOPMENT ACT, 1966

Section 24

Accounts and Audit

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

Accounts and Audit.- (1) The Board shall maintain books of account and other books in relation to its business and transactions in such form, and in such manner, as may be prescribed. (2) The accounts of the Board shall be audited by an Auditor appointed by the State Government. (3) As soon as the accounts of the Board are audited, the Board shall send to the State Government,- (a) a copy of the audited accounts, and (b) an annual report of the working of the Board for the financial year concerned giving an account of the activities of the Board and such other particulars as may be prescribed, and (c) a report of the Auditor on the audited accounts of the Board. (4) The State Government shall cause the audited accounts of the Board together with the audit report thereon, and the annual report forwarded to it under sub-section (3) to be laid before each House of the State Legislature as soon as may be after their receipt by the State Government. CHAPTER VI APPLICATION OF THE 1[KARNATAKA PUBLIC PREMISES (EVICTION OF UNAUTHORISED OCCUPANTS) ACT, 1974]1 AND NON-APPLICATION OF THE 2[KARNATAKA]2 RENT CONTROL ACT, 1961, TO BOARD PREMISES 15

Section 24 – The KARNATAKA INDUSTRIAL AREAS DEVELOPMENT ACT, 1966 | DailyLaw.ai