Section 6

Every statutory body shall, in respect of each financial year and within one month after the receipt of its audited statement of accounts and the Auditor-General's report thereon, if any, submit the same to the Minister together with a report of its activities.

8

Where the Auditor-General has in his report pointed out any discrepancy, irregularity and abnormality in the accounts of a statutory body, the Chief Executive

Officer shall submit, with the Auditor-General's report, an explanation for such discrepancy, irregularity and abnormality and the action taken or would be taken by the statutory body to rectify the same to the Minister.

A copy of the report and explanation referred to in subsections (1) and (2)

shall also be sent by the statutory body to the State Financial Authority who shall bring to the notice of the Minister any incompetence or repeated negligence on the part of the officers of the statutory body in the discharge of their financial duties for appropriate action to be taken under section 16.

Minister to cause audited statement of accounts to be laid before the Legislative

Assembly.