Section 8: Accounts and audit

G.S.R. 768(E), [04/11/2008] - Notification on Public Liability Insurance ActCentral Rules · 1991

(1) The Fund Manager shall maintain proper accounts and other relevant records and prepare an annual statement of accounts for each State and Union Territory up to 31 st March of every year showing the collection of amounts by them for crediting the said amounts into the Relief Fund.

(2) The Statement of accounts in respect of all the insurers shall be consolidated and a statement of investment and receipts shall be maintained by the Fund Manager.

(3) The accounts of the Relief Fund shall be audited by the auditor appointed by the Fund Manager in consultation with the Comptroller and Auditor-General.

(4) The Fund Manager shall prepare and forward a consolidated statement of accounts and investment details along with the audit report thereon, to the Central Government by 30 th June of every year.

Where this provision sits

Act	G.S.R. 768(E), [04/11/2008] - Notification on Public Liability Insurance Act
Section	8
Marginal note	Accounts and audit
Jurisdiction	Central
Status	In force as published by the source

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