Utilisation of Fund for consumer welfare requires prescribed application and audited annual accounts prepared with audit consultation. All sums credited to the Fund shall be utilised by the Government for the welfare of consumers in the prescribed manner. The Government or a specified ... Summary
Utilisation of Fund for consumer welfare requires prescribed application and audited annual accounts prepared with audit consultation.
All sums credited to the Fund shall be utilised by the Government for the welfare of consumers in the prescribed manner. The Government or a specified authority must maintain proper and separate accounts and relevant records relating to the Fund and prepare an annual statement of accounts in the prescribed form determined in consultation with the external audit function.
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