(1) The Board shall maintain proper accounts and other relevant records and prepare an annual statement of accounts including the profit and loss account and the balance sheet in such form and in such manner as may be prescribed.
(2) The accounts of the Board shall be audited by such person as the 6[Government of Himachal Pradesh] may appoint in this behalf.
(3) The auditor or auditors appointed by the Commission shall have the right to audit and inspect the accounts of the Board pertaining to the funds advanced by the Commission.
(4) The auditors appointed under sub-sections (2) and (3) shall, in relation to such audit, generally have such rights, privileges and authority as may be prescribed and shall, in particular, have the right to demand the production of books, accounts, vouchers and other documents in connection with the audit and to inspect any of the offices of the Board.
(5) The accounts of the Board as certified by such auditors together with the audit report thereon shall be forwarded annually to the 7[Government 7[Government of Himachal Pradesh] and the Commission before such date as the 8[Government of Himachal Pradesh] may specify in this behalf.
(6) The Board shall comply with such directions as the 9[Government of Himachal Pradesh] may, after perusal of the reports of the auditors, think fit to issue.
1. Substituted for the word “Administrator” vide A.O., 1973.
2. Substituted for the word “Administrator” vide A.O., 1973.
3. Substituted for the word “Administrator” vide A.O., 1973.
4. Substituted for the word “Administrator” vide A.O., 1973.
5. Substituted for the word “Administrator” vide A.O., 1973.
6. Substituted for the word “Administrator” vide A.O., 1973.
7. Substituted for the word “Administrator” vide A.O., 1973.
8. Substituted for the word “Administrator” vide A.O., 1973.
9. Substituted for the word “Administrator” vide A.O., 1973.
THE HIMACHAL PRADESH KHADI AND VILLAGE INDUSTRIES BOARD ACT, 1966 13
CHAPTER-VI MISCELLANEOUS