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Section 16: Accounts and audit

The Goa Investment Promotion Act, 2014State Act of Goa · Act 13 of 2014

(1) The Board shall maintain proper accounts and other relevant records and prepare an annual statement of accounts in such form as may be prescribed.

(2) The accounts of the Board shall be audited by an auditor duly qualified to act as an Auditor under section 139 of the Companies Act, 2013 (Central Act 18 of 2013) or by a Government Auditor.

(3) The terms and conditions of appointment of the auditor shall be as prescribed.

(4) The auditor shall send a copy of his report together with audited copy of the accounts to the Board which shall forward the same alongwith its comments thereof to the Government.

Where this provision sits

ActThe Goa Investment Promotion Act, 2014
Section16
Marginal noteAccounts and audit
JurisdictionState of Goa
StatusIn force as published by the source

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