Scientific Research Association status granted, subject to separate research accounts, annual activity returns, and audited accounts submission. Approval as a Scientific Research Association is granted subject to conditions: maintain a separate account for medical research funds; submit annual returns of scientific research activities to the prescribed authority in the required form by the annual deadline; and furnish an annual audited statement of accounts to the prescribed authority and provide a copy to the relevant income-tax commissioner. The approval is effective for a specified notification period.