Utilization of Fund: credited sums must be used for consumer welfare and subject to prescribed accounting and audit procedures. All sums credited to the Fund must be utilised by the Government for consumer welfare as prescribed; the Government or its specified authority must maintain proper separate accounts and records for the Fund and prepare an annual statement of accounts in a prescribed form determined in consultation with the statutory audit function.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Utilization of Fund: credited sums must be used for consumer welfare and subject to prescribed accounting and audit procedures.
All sums credited to the Fund must be utilised by the Government for consumer welfare as prescribed; the Government or its specified authority must maintain proper separate accounts and records for the Fund and prepare an annual statement of accounts in a prescribed form determined in consultation with the statutory audit function.
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