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(1) The Board shall keep accounts in such form and in such manner as prescribed by the financial regulations approved by the Governing Council. (2) The accounts of the Board shall be audited by an auditor appointed by the Board. (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 Governing Council. (5) The cost of the audit under sub-section (2) or (3), if any, shall born 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 prescribed by the financial regulations approved by the Governing Council.<br> <span style="margin-left:15px;"></span>(<i>2</i>) The accounts of the Board shall be audited by an auditor appointed by the Board.<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 Governing Council.<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 born by the Board. <br>