Amendment status not verified — confirm the current text below against the official source.
(1) The State Library Council and every District Library Council and [Taluk Library Council] shall keep complete accounts of their financial transactions in such form as may be prescribed. (2) The accounts shall be open to inspection and shall be subject to audit, disallowance and surcharge and shall be dealt with in all other respects in such manner as may be prescribed. (3) The State Library Council shall, with the prior concurrence of the Government, appoint an officer not below the rank of a Deputy Secretary in the Finance Department to be the Accounts Officer of the State Library Council who shall exercise such powers and perform such functions relating to the accounts of the State Library Council, District Library Councils and [Taluk Library Councils] as may be prescribed. (4) The State Library Council shall appoint auditors to audit the accounts of the State Library Council, District Library Councils and the [Taluk Library Councils]. (5) The audited annual statement of accounts shall be forwarded to the Government. (6) The Government shall on receipt of the audited annual accounts cause the same to be laid on the table of the State Legislative Assembly. Substituted by Act 20/1998 w.e.f. 22/05/1998.