Bare Acts

CHAPTER V FINANCE, ACCOUNTS AND AUDIT


14. Grants by Central Government.— (1) The Central Government shall,
after due appropriation made by Parliament by law in this behalf, pay to the
Commission by way of grants such sums of money as the Central Government
may think fit for being utilized for the purposes of this Act.
(2) The Commission may spend such sums of money as it thinks fit for
performing the functions under this Act, and such sums shall be treated as
expenditure payable out of the grants referred to in sub-section (1).
15. Accounts and audit.— (1) The Commission shall maintain proper
accounts and other relevant records and prepare an annual statement of accounts in
such form as may be prescribed by the Central Government in consultation with
the Comptroller and Auditor-General of India.
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The National Commission for Minority Educational [Sec. 15
Institutions Act, 2004
(2) The accounts of the Commission shall be audited by the Comptroller and
Auditor-General at such intervals as may be specified by him and any expenditure
incurred in connection with such audit shall be payable by the Commission to the
Comptroller and Auditor-General.
(3) The Comptroller and Auditor-General and any person appointed by him
in connection with the audit of the accounts of the Commission under this Act
shall have the same rights and privileges and the authority in connection with such
audit as the Comptroller and Auditor-General generally has in connection with the
audit of Government accounts and, in particular, 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 Commission.
16. Annual Report.— The Commission shall prepare, in such form and at
such time, for each financial year, as may be prescribed, its annual report, giving a
full account of its activities during the previous financial year and forward a copy
thereof to the Central Government.
17. Annual report and audit report to be laid before Parliament.—The
Central Government shall cause the annual report, together with a memorandum
of action taken on the advice tendered by the Commission under section 11 and
the reasons for the non-acceptance, if any, of any such advice, and the audit report
to be laid as soon as may be after they are received before each House of Parliament. 

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