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(1) The Board shall keep accounts in such form and in such manner as may be prescribed. (2) The accounts of the Board shall be audited by the Auditor appointed by the Board with the previous approval of the Governing Council. (3) The Government may, if it thinks necessary, appoint a Special Auditor to audit the accounts of the Board. (4) The Auditor or the Special Auditor, as the case may be, shall submit his report to the Board and shall forward a copy thereof to the Government. (5) The cost of the audit under sub-section (2) or (3), if any, shall be borne by the Board.
<span style="margin-left:15px;"></span>(<i>1</i>) The Board shall keep accounts in such form and in such manner as may be prescribed.<br> <span style="margin-left:15px;"></span>(<i>2</i>) The accounts of the Board shall be audited by the Auditor appointed by the Board with the previous approval of the Governing Council.<br> <span style="margin-left:15px;"></span>(<i>3</i>) The Government may, if it thinks necessary, appoint a Special Auditor to audit the accounts of the Board.<br> <span style="margin-left:15px;"></span>(<i>4</i>) The Auditor or the Special Auditor, as the case may be, shall submit his report to the Board and shall forward a copy thereof to the Government.<br> <span style="margin-left:15px;"></span>(<i>5</i>) The cost of the audit under sub-section (<i>2</i>) or (<i>3</i>), if any, shall be borne by the Board.<br> <br>