Section 11: Audit of the transactions of the Development Right Certificates and Transferable Development Rights fund
The Karnataka Town and Country Planning (Benefit of Development Rights) Rules, 2016.State Rules of Karnataka · 1963
(1) The Additional Director of Town and Country Planning or Joint Director of Town and Country Planning of the respective Zonal or Divisional office and in the Bangalore Metropolitan Region, the Metropolitan Commissioner, Bangalore Metropolitan Region Development Authority shall audit all transactions pertaining to issue, transfer and utilization of Development Right Certificate within six months of close of every financial year.
(2) The Transferable Development Rights fund of the Authority shall be Audited by the State Accounts Department within six months of close of every financial year.
(3) The Authority shall send both the Audit reports along with compliance to the Government and the Government shall place the same before both the houses of the State Legislature.
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