Amendment status not verified — confirm the current text below against the official source.
Auditor to be deemed to be public servant.—An auditor shall, for the purpose of powers and duties conferred and imposed on him by or under this Act, be deemed to be a public servant within the meaning ofsection 2! of the Indian Penal Gode (Central Act 45 of 1860). 9, Liability of local authorities io prepare and present accounts for audit.—(1) The accounts of a local authority or a local fund included in the Schedule relating to a financial year shall be prepared or caused to be prepared by the Exccutive authority, in such form and in such manner as may be prescribed, and presented for audit within four months of the close of that financial year. (2) Where an Executive authority makes default in the preparation and presentation of accounts for audit within the period specified under sub- section (1), he shall be punishable, on conviction, with fine which may extend to three thoysand rupees but which shall not be less than ons thousand rapes: oF a - Provided that the court may, for any adequate and special reasons to be ‘recorded in the judgement, impose.a fine of less than one thousand rupees. (3) No proceedings under sub-section (2) shall be taken by the Director without giving the person affected thercby an opportunity to shew cause, within fifteen days, why such proceedings should not be taken against him.