(1) The Corporation shall cause to be maintained books of account and other books in relation to its accounts in such form and in such manner as may be prescribed.
(2) The Accounts of the Corporation shall be audited by the Auditor appointed by the State Government in this behalf at such times and in such manner as may be prescribed.
Reserve and other funds.
Budget.
292 The West Bengal Backward Classes Development and Finance Corporation Act, 1995.
XIX of 1995.]
(Sections 27-29.)
(3) As soon as the accounts of the Corporation have been audited, the Corporation shall send a copy thereof together with a copy of the report of the Auditor thereon to the State Government.
27. The State Government may issue to the Corporation general Power of instructions to be followed by the Corporation and such instructions may State Gove mment include directions relating to the recruitment, and the conditions of to issue service, and training, of its employees, the wages to be paid to the instructions.
employees, the reserves to be maintained by it and the disposal of its property, movable or immovable, and the Corporation shall be bound to follow such instructions.