(1) The annual accounts and Balance Slieet of the University shatl be prepared under the direction of the Board of Management and all funds accruing to or received by the University from whatever source and all amount disbursed or pald shall be entered in the accounts maintained by the University.
(2) The annual accounts of the Univensity shall be audited by a Chartered Accountant, who is a member of the lnstitute of Chartered Accountants of lndia, every year.
(3) A copy of the annual accounts and the tsalance Sheet together with the Audit report shall be submitted to the State Government and the Board of Governors on or before December 31 following ciose of the financial year in March 3? each year.
47. A copy of any receipt, application, notice, order, proceeding or resolution of any authority or committee of the university or other documents in possession of the University or any entry in any register duly maintained by the l-]niversity, if certified by the Registrar, shall be received as prima facie evidence of such receipt, application, notice, order, proceeding, resolution or document or the existence of entry in the reglster and shall be admitted as evidence of the rnatters and transaction therein recorded where the original thereof would, if produced, have been admissib{e in evidence.