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17

Administrator-general of Auqaf to maintain accounts

Act: Auqaf (Federal Control) Act 1976

Section Provisions

AUQAF (FEDERAL CONTROL) ACT, 1976 AUQAF (FEDERAL CONTROL) ACT, 1976 17. Administrator‑General of Auqaf to maintain accounts.‑(1) The Administrator‑General shall maintain a complete record of all properties under his control and management, and shall keep accounts of income and expenditure of such properties, including expenditure on the Administrator -General and his establishment, in such manner as may be prescribed. (2) All moneys received or realised by the Administrator‑General in respect of properties under his control and management shall form, and be credited to, a fund to be called the Federal Auqaf Fund which shall be under the control of, and operated upon by. the Administrator‑General, subject to general supervision of Government, and shall be kept in such custody as may be prescribed. (3) At the end of each financial year, the accounts maintained by the Administrator. General shall be audited by such person or authority as may be prescribed and the audit report with the comments of the Administrator- General shall be submitted to the Government. (4) The Government shall, as soon as possible after the receipt of the audit report and the comments of the Administrator‑General under sub section (3), lay the audit report and the comments of the Administrator-General before both Houses.