(1 ) The Local Self-Go vernme nt shall take suitable measures to ensure greater transpa rency in its fisca l operati on and in the preparation o f the annual budget . For thi s purp ose every Local Self-Government shall ensure prep arati on and finaliz ation of an nua l’budget for each financ ial y ear com mencing from 1st April and en ding o n 3 1st March.
(2 ) Prov ision shall b e ma de fo r meetings at su ch i ntervals and»with citizen forum s as may be pr escri bed t o revie w th e operations and finances off the L ocal Self-Governmen t.
(3 ) In particu lar, and without preju dice to the genera lity o f the foregoing provis ions, Local Self-Go vernme nt shall, a t the time o f presentation o f the annual budget , disclose in a statem ent in such form as may be presc ribed , - (a ) signif icant changes in the accoun ting standard s, policies and practic es affecting or likely to affec t the computat ion of fiscal indicators;
(b ) as far as practicab le and consist ent with protect ion of public intere st, th e co ntingent liabil ities created by way o f guarantees an d the actua l liabili ties a rising o ut o f execution o f works b y external agencies whe re liabi lity fo r repaym ent is on the Lo cal Self-Government;
(4 ) The State Govern ment shall ensure tha t such conting ent liabilities are commu nicated to th e con cerned L ocal Self-Gov ernment so that it shall mak e suffic ient prov ision in its budget .
6. With a view to ensurin g time ly dischar ge o f current liabilitie s special ly paym ent o f salaries t o th e emp loyees, -
(i) the Local Self-Gove rnment shall give appoin tment only against posts sanction ed by the State Govern ment and is vac ant and also with laid down rules, procedur es an d orders;
(ii ) No new pos t shall be created withou t the prior concurrence of t he State Government;
(ii i) the Local Self-Gove rnment s hall n ot ma ke m ore than one appoint ment against one vaca nt post and shall not mak e appointm ent on leave vacancy and vacan cy aga inst s uspended employee;
(iv ) the letter of ap pointm ent against any vaca nt post shall contain the identit y o f the post in the m anner as ma y be prescribed;
THE AS SA M GA ZE TT E. EXT RAORDIN ARY. SE PT EM BE R 6. 20 11 19 95 (v ) the select list prepared for fresh appointment against vacant post or pos ts shall contain names o f persons equal to the numb er of vacant posts notif ied at t he time o f cal ling for applications for filling up t he posts;
(v i) the Local Self-Government shall not regularize or upgrade any per son again st vac ant pos t without the sanction o f the State Government;
(v ii) before awarding for execut ion of any w ork and rendering any supply of mater ials and services which create liability on the Local Self- Government, the authorities of the Local Self-Government exercising delega ted financial power shall firs t issue ad m in is t r a t iv e approval or financia l sanction for the wo rk or the orde r o f supply a s th e case may be, in compliance with the existi ng rules , procedures and guidelines and furthe r rules, proced ures and guidelines tha t may be prescribed from time to time;
(vi ii) before awarding the settlem ent of Ha ts, Markets, Fisheries , Ghats or any othe r facility of the Local Self-G overnm ent for revenue earning the laid down rules, procedures and guidelines and further rules, procedure s and guidelines tha t may be prescribed from time to time, shall b e followed;
(i x ) the Local Self-Government shall main tain a regis ter of assets and liabil ities and all documents year wise , as prescr ibed under the concerned Acts and the ru les framed thereunde r.
M easu re to 7. ( 1 ) The State Government Aud it (Loc al Fun d) shall enforce compliance enf orce with the provisions o f this Ac t and the ru les m ade t hereunder, com plia nce to (2 ) The State Governm ent Aud it (Loc al Fun d) may oversee the this Act compliance and a suitable mech anism may be notified by the State Government regarding the submission of period ical rev iew reports.
(3 ) The State Governm ent shall ensure tha t the Local Self-Government shall comply with the prov ision s o f the releva nt Ac t and the rules relating to budget and the budg et p repar ed is in accordan ce with the Medium Term Fiscal P lan alrea dy approved and variations, if any, are explaine d.
(4 ) The L ocal Self-Government shall p repare a budget variance report and submit it to the Controlling Authority with in such time and in such* , form as may be prescribed.
(5 ) The Local Self-Government shall prep are receip ts and payments accoun t, income and expend iture accoun t and a balance sheet as may he prescribed.
(6 ) Aud it o f accounts o f the Local Se lf-Gove rnment shall be conducted by the audit or appointed under th e relevan t Acts an d the R ules and orders , issue d thereunder by the concerned author ity and the report shall be subm itted to the concerne d authori ties w ithin the time st ipulated.
(7 ) The Controlling Author ities shall b e respo nsible to ens ure st rict follow up actio n on the audit reports by the Loc al Self-Government and slackness, if any, notice d i n this beh alf shall be reporte d to the State Government for appropriate ac tion against the Local Self-Government in default.
(8 ) The State Government may, by notification, constitu te a Local Self- Government Fund Aud it Overseeing Autho rity comprising of such officers and having such powers as may he specified in the notification. The Local Self-Go vernme nt Fund Audit Overseeing Authority shall submit to the State Govern ment periodical report on compliance to audit reports by the Local Self-Government authority, as m ay b e prescribed.
(9 ) The Assam Legislati ve Assem bly may by notification, constitu te a Local Self-Government Fund Accou nts Committee with similar powers and functions as tha t o f Public Accou nts Committee o f the Assam Legis lative Assem bly to oversee the outstanding audit ‘paras relating to non-compliance o f this Act.
(1 0 ) The State Government may withh old release of fu nds to any local self-government authority which fails to furnish accounts to the concerned authority within six month s from the end o f the financia l year.
1996 _ TH E ASS AM GA ZETTE. EXT RAO RDINAR Y, SEPlEJVJLBttKO. z u n
(11) The Local Self-Government shall introduce and strengthen , appropria te internal audit measures and sustainab le computer ization programme us ing appropriate technology.
FabUcation of financial document and annual report Offences and Penalties Power to make rules