Section 11: Maintenance of accounts by Administrator.

The Unit Trust of India (Transfer of Undertaking and Repeal) Act, 2002Central Act · Act 58 of 2002

(1) The Administrator shall maintain separate accounts of each of the specified undertaking asset possession whereof has been taken by him, and shall cause to be made therein entries of all receipts and expenditure in respect thereof.

(2) The separate accounts under sub-section (1) shall be maintained in such form and in such manner as may be specified by the Central Government.

(3) The Central Government shall cause the accounts maintained under this section to be inspected and audited at such intervals and by such persons as may be specified by it.

Where this provision sits

Act	The Unit Trust of India (Transfer of Undertaking and Repeal) Act, 2002
Section	11
Marginal note	Maintenance of accounts by Administrator.
Jurisdiction	Central
Status	In force as published by the source

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