Pharmacy Act, 1948
17A. Accounts and audit
(1) The Central
Council shall maintain proper accounts and other relevant records and prepare
an annual statement of accounts, in accordance with such general directions as
may be issued and in such form as may be specified by the Central Government in
consultation with the Comptroller and Auditor-General of India.
(2) The accounts of the
Central Council shall be audited annually by the Comptroller and
Auditor-General of India or any person authorized by him in this behalf and any
expenditure incurred by him or any person so authorized in connection with such
audit shall be payable by the Central Council to the Comptroller and
Auditor-General of India.
(3) The Comptroller
and Auditor-General of India and any person authorized by him in connection
with the audit of the accounts of the Central Council shall have the same
rights and privileges and authority in connection with such audit as the
Comptroller and Auditor-General of India has in connection with the audit
of the Comptroller and Auditor -General of India has in connection with the
audit of Government accounts, and in particular, shall have the right to demand
the production of books of accounts, connected vouchers and other documents and
papers.
(4) The accounts of
the Central Council as certified by the Comptroller and Auditor-General of
India or any person authorized by him in this behalf together with the audit
report thereon shall be forwarded annually to the Central Council which shall
forward the same with its comments to the Central Government.]