The Central Road Fund Act, 2000
8. Accounts and
audit.-
1.
The
concerned departments of the Central Government shall maintain proper accounts
and other relevant records and prepare an annual statement of accounts,
including the profit and loss account and the balance-sheet in respect of
allocations of their shares of fund 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 Fund shall be audited by the Comptroller and Auditor-General of
India at such intervals as may be specified by him.