Amendment status not verified — confirm the current text below against the official source.
(1) Every aided institution shall keep accounts in such manner and containing such particulars as may be prescribed. (2) The accounts of every aided institution shall be audited at the end of every academic year in the manner as may be prescribed. (3) The Secretary of the Managing Committee shall, within six months of the end of the academic year, submit to the Competent Authority the audit report.