Export-Import Bank of India Act, 1981
22. Preparation of
accounts and balance-sheet.-
1.
The
balance- sheet and accounts of the Exim Bank shall be prepared in such form and
manner as may be prescribed.
2.
The
Board shall cause the books and accounts of the Exim Bank to be closed and
balanced as on the 31st day of December or such other date in each year as the
Central Government may, by notification in the Official Gazette, specify.
Provided that with a view to facilitating the
transition from one period of accounting to another period of accounting under
this sub-section, the Central Government may, by order published in the
Official Gazette, make such provisions as it considers necessary or expedient
for the closing and balancing of, or for other matters relating to, the books
or accounts in respect of the concerned years.