Cost and Works Accountants Act, 1959
133. Audit
The accounts of a Regional Council shall be audited every year
by a Chartered Accountant in practice or a firm of such Chartered Accountants
appointed by the Regional Constituency at its Annual General Meeting and the
accounts together with the audit report and the report of the Regional Council
shall be sent to the members in the respective regions at least 14 days before
the date of the Annual General Meeting of the Regional Constituency and shall
be placed for adoption before the Annual General Meeting of the Constituency:
PROVIDED that the auditors for the first year shall be
appointed by the Regional Council. The year will be from lst April to 31st
March of the next year.