Definitions

§2

Summary

2. In this Act :- (a) "Audit" includes test audit, concurrent audit, cent-per-cent audit and special audit and also inspection of accounts by the officers appointed under section 3 ; (b) "auditor" includes the Director and all other officers appointed under section 3 to assist him ; (c) "Director" means the Director Local Funds Audit Department, Uttar Pradesh appointed under section 3 and includes an officer on whom powers of the Director are conferred under sub-section (4) of that section ; 1[(d) "local authority" means a Nagar Panchayat, Municipal Council, Municipal Corporation or any other authority constituted for the purpose of local self-Government or legally entitled to, or interested by the State Government with the control or management of municipal or local fund and includes any society, body or institution, whether incorporated or not, notified by the State Government by general or special order to be a local authority for the purposes of this Act, but does not include a Zila Panchayat, Kshettra Panchayat, Gram Panchayat, Nyaya Panchayat or a Joint Committee. ]1 (e) "Principal Officer" in relation to a local authority means such officer thereof as may from time to time be specified by general or special order of the State Government ; (f) (i) "Special audit" in relation to a local authority means an audit of account for a specified period or pertaining to a specified item or series of items of account requiring exhaustive checking conducted under the orders of the State Government or on the request of the principal officer of a local authority ; (ii) "test audit" means an annual audit of accounts of one or more months in a year selected at random by the auditor and conducted on percentage basis in his discretion with a general review of the accounts of the year ; (iii) "concurrent audit" means a post audit of day-to-day accounts with a general review of the accounts from time to time ; (iv) "cent per cent audit" means a post audit of all the transactions of a particular account of a specified period ; (g) "Prescribed Authority" in relation to a local authority means an officer or a body corporate appointed by the State Government by notification in this behalf.

2. In this Act :- (a) "Audit" includes test audit, concurrent audit, cent-per-cent audit and special audit and also inspection of accounts by the officers appointed under section 3 ; (b) "auditor" includes the Director and all other officers appointed under section 3 to assist him ; (c) "Director" means the Director Local Funds Audit Department, Uttar Pradesh appointed under section 3 and includes an officer on whom powers of the Director are conferred under sub-section (4) of that section ; 1[(d) "local authority" means a Nagar Panchayat, Municipal Council, Municipal Corporation or any other authority constituted for the purpose of local self-Government or legally entitled to, or interested by the State Government with the control or management of municipal or local fund and includes any society, body or institution, whether incorporated or not, notified by the State Government by general or special order to be a local authority for the purposes of this Act, but does not include a Zila Panchayat, Kshettra Panchayat, Gram Panchayat, Nyaya Panchayat or a Joint Committee. ]1 (e) "Principal Officer" in relation to a local authority means such officer thereof as may from time to time be specified by general or special order of the State Government ; (f) (i) "Special audit" in relation to a local authority means an audit of account for a specified period or pertaining to a specified item or series of items of account requiring exhaustive checking conducted under the orders of the State Government or on the request of the principal officer of a local authority ; (ii) "test audit" means an annual audit of accounts of one or more months in a year selected at random by the auditor and conducted on percentage basis in his discretion with a general review of the accounts of the year ; (iii) "concurrent audit" means a post audit of day-to-day accounts with a general review of the accounts from time to time ; (iv) "cent per cent audit" means a post audit of all the transactions of a particular account of a specified period ; (g) "Prescribed Authority" in relation to a local authority means an officer or a body corporate appointed by the State Government by notification in this behalf.

← Previous Section Next Section →

Explore this Chapter