(1) The accounts of the Council shall be maintaiaed in such manner Annual Accounts and in such form as may be prescribed: The-Coflncil shall prepme an annqalqand audit.
statemenb of accounts in such form tq may be prescribed. .. <
(2) The accountsr of the Council shall be audited atleast once in n year by such auditor ,as the Government may appoint in this behalf.' . 9
(3) The auditor appointed under sub-section (2) shall, -for purposes s . . +, of audit, have such rights, privileges and authority as niily be prescribed.
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(4) 'The kembe<-~e&etar~ to thb Council shall cause the. audit &ort to be printed and forwq!rd a prihted copy thereof, to eadh hnembey and shall \/I place, such report .befo,wLtlre-Council for>consideration at its next meeting. + . . , . . , . .
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(5) The Council shall take appropriate action fortl~wiih i o remedy any defect or isregularity that r q y be pointed out. in the audit report..
( 6 ) The accorurts of the Council as ecrlified by the audikr together with the audit reparb along with the romrks rxl the Council ibejeon-~Jiall be forwarded to the Government within .such timc as may be prewrihed.
' (7) The ~overnme& m y , jy order in writing, direct the Council lo take such action as may be specified in the order to remcdy, within such tinie as may -be specified thereih tlae defecb, if any, disclosed in the audit report, and the Council shall comply with such direction.
, 16. 'Chi: Coundl &dl, as soon aq may' be, after the end aS eanh financiztl Annual mW& year, prepare and submit to the Ctovernment, 1~efoi.e huch d&te atdVin.mt.h for111 ab may he a repopt giving an awount of .its aotivities dutinq tikc pleviours ycar end the report &dl also give an account of tha ~pctivitics, if any, which are likely to be undertaken by the Council in the next fmmcial year and the Government shall cause every latch reporb to ba laid before the Legislative Assembly as so09 as may be after its receipt. A copy of -the dhnual report 's%dl a h be fonvarded to the University Ura~tq Canmiesion. , .
17. The Governmen% may iseue to the Council such directions as in their ~ ~ ~ l l b t o,pinion, are newsmy or expedient for carrying out the pvpoaes of thirr Aat and the Council shall give effect to all m h directions
18. Tho Cotindl &dl have power to act, notwitbbndii any &ancy in the membr&,ip, or apy defect in the conditution tF reof, find the proceedings of the Council shall be valid notwithstanding tlqt some p m ~ , who w s ~ not entitled to be a member had sst, voted or otherwise trtken part in 'Elre proceedings of tha Co~lncil.
., + x 19. The Chairman, VimChairman, members, the Membpr-Secretary and ndaabas and obllrr employees of the Council shall be d-d, when acting or purporting employe- of Act Conncil t,o act in pursuance of any of the provisions of this Actt, or any rule or reg:.[- t(> pablk of 1860. lation or order or direction macla or issued under this Act, to be public mrvarrt,d o c r w I within the meaning of section 21 of the Indian Penal Code.
20. No w i t or other legd proceeding &dl lie against the flovernmcnt, Protection of the Council or any member thereoP or any employee or person acting under mion taka tho clireetion of *hho Qtwernmeht or the Council, in respect og anything which. in good faith, is in good faith donc or intended to be done in pursuance of this Act or &y rule, regulatioq, order or direction made or issued under this k t .