The trustees shall comply with all such directions as may be given by the Bank for the proper functioning of the Fund.
Provided that all such direction shall be given in writing and shall specify the purpose or objective11.
10. Books of accounts of the Fund;-
(1) The accounts of the Fund, shall contain the particulars of all financial transactions relating to the Fund in such form as may be specified by the Bank.
(2) Within sixty days from the date of publication of the Balance Sheet of the Bank, the trust shall prepare a financial statement of the trust indicating therein the general account of assets and liabilities of the trust and forward a copy of the same to the Bank12.
(3) The accounts of the Fund shall be audited in accordance with the provisions of section 10 of the Act.