(1) The accounts of the Board shall be maintained and an annual statement of accounts shall be prepared in such form and manner as may be prescribed.
(2) The accounts of the Board shall be audited annually by an auditor approved by the State Government.
Application of funds and properties.
Accounts and audit.
8 The West Bengal Khadi and Village Industries Board Act, 1959.
[West Ben. Act (Sections 25-30.)
Loans and 25. Subject to such rules as may be made under this unutilised Act— grants by the (a) any loan advanced by the Board under this Act, to be Board including any interest chargeable thereon, or able as public part thereof, which remains unutilised f of- the demands. purpose for which the grant is made, shall be recoverable as a public demand.
Annual report.
Further report.
Directions by the State Government and advice and guidance of experts.
Members, officers and servants of the Board to be public servants.