Annual reporting and audit requirement: Fund must prepare reports, undergo CAG audit and have reports laid before Parliament. The Fund must prepare an annual report in prescribed form and time and forward it to the Central Government; its accounts shall be audited by the Comptroller and Auditor General of India at specified intervals and the audited accounts with the audit report shall be forwarded annually to the Central Government; the Central Government shall cause the annual report and the CAG audit report to be laid before each House of Parliament.
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Provisions expressly mentioned in the judgment/order text.
Annual reporting and audit requirement: Fund must prepare reports, undergo CAG audit and have reports laid before Parliament.
The Fund must prepare an annual report in prescribed form and time and forward it to the Central Government; its accounts shall be audited by the Comptroller and Auditor General of India at specified intervals and the audited accounts with the audit report shall be forwarded annually to the Central Government; the Central Government shall cause the annual report and the CAG audit report to be laid before each House of Parliament.
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