Lawgist26Accounts
(1) The Academy shall maintain proper and separate accounts giving therein the details of all receipts in, and, expenditure from, such fund and other relevant particulars.
(2) The accounts referred to in sub-section (1) shall be prepared and got audited before the expiry of six months from the end of each financial year.
(3) The Academy shall submit to the Board and the Council of Scientific and Industrial Research, the accounts referred to in sub-section (1) duly audited under section 27 and signed by the Director, Associate Director in charge of Finance and Associate Director in charge of Administration.
(4) The Council of Scientific and Industrial Research referred to in sub-section (3), the Board and any other person appointed by them in connection with the audit of the accounts of the Academy shall have the right to demand the production of books, accounts, connected vouchers and other documents and papers and to inspect any of the offices of the Academy.
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- 1 Short title, extent and commencement
- 2 Definitions
- 3 Establishment of Academy of Scientific and Innovative Research
- 4 Object of Academy
- 5 Relationship of Academy with Council of Scientific and Industrial Research
- 6 Declaration of Academy as an institution of national importance
- 7 Transfer of assets, liabilities, etc., of existing Academy to Academy established under this Act and other provisions, etc
- 8 Functions and powers of Academy
- 9 Academy open to all castes, creed, race or class
- 10 Authorities of Academy
- 11 Composition of Board of Governors
- 12 Appointment of Chairperson
- 13 Nomination of distinguished scientists or academicians of global eminence, eminent industrialists or technologists and heads of three premier institutions in the field of imparting education in science and technology
- 14 Nomination of distinguished scientists or outstanding scientists of Council of Scientific and Industrial Research or Directors of Council of Scientific and Industrial Research laboratories
- 15 Allowances payable to members of Board
- 16 Term of office of members of Board
- 17 Powers of Board
- 18 Senate
- 19 Powers of Senate
- 20 Chancellor of Academy
- 21 Director of Academy
- 22 Appointment and duty of Director of Academy, etc
- 23 Associate Directors
- 24 Powers of other authorities
- 25 Funds of Academy
- 26 Accounts
- 27 Audit of accounts and its publication
- 28 Statutes
- 29 Matters to be provided by Statutes
- 30 Ordinances
- 31 Review of functioning of Academy
- 32 Appointments
- 33 Conditions of service
- 34 Arbitration
- 35 Resignation, removal and suspension of Chairperson and other Member or Director
- 36 Meetings
- 37 Vacancies, etc., not to invalidate acts or proceedings of Board, Academy or any other body
- 38 Power to remove difficulties
