Airports Economic Regulatory Authority of India Act, 2008
35. Annual statement
of accounts. -
1.
The
Authority 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.
2.
The
accounts of the Authority shall be audited by the Comptroller and Auditor-
General of India at such intervals as may be specified by him.
3.
The
Comptroller and Auditor-General of India or any person appointed by him in
connection with the audit of the accounts of the Authority under this Act shall
have the same rights, privileges and authority in connection with such audit,
as the Comptroller and Auditor-General of India generally has, in connection
with the audit of the 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 Authority.
4.
The
accounts of the Authority, as certified by Comptroller and Auditor-General of
India or any other person appointed by him in this behalf, together with the
audit report thereon, shall be forwarded annually to the Central Government and
the Central Government shall cause the same to be laid before each House of
Parliament.