Amendment status not verified — confirm the current text below against the official source.
(1) The Board shall cause to be maintained proper books of accounts and such other records as rules may require and shall prepare in accordance with the rules a statement of accounts for each financial year. (2) The accounts of the Board shall be audited once a year by authorised auditors. (3) As soon as the account of the Board have been audited, the Board shall send a copy thereof together with a copy of the report of the auditors to the Government and shall cause the accounts to be published in the official Gazette as may be prescribed. (4) The Board shall comply with such directions as the Government, may, after perusal of the report of the auditor, think fit to issue.