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24

Books of Accounts

Act: Baluchistan Irrigation and Drainage Authority Act 1997

Section Provisions

BALOCHISTAN IRRIGATION AND DRAINAGE AUTHORITY ACT, 1997 BALOCHISTAN IRRIGATION AND DRAINAGE AUTHORITY ACT, 1997 An Act to provide for streamlining the Irrigation and drainage system in the Province of Balochistan [Gazette of Balochistan, Extraordinary, 19th July, 1997] No.PAB/Legis.V(3)/97, dated 19‑7‑1997.‑‑The Balochistan Irrigation and Drainage Authority Bill, 1997 having been passed by the‑ Provincial Assembly on 7th July, 1997 and assented to by the Governor of Balochistan, is hereby published as an Act of the Provincial Assembly. CHAPTER V FINANCE 24. Books of Accounts.‑‑The Authority shall maintain proper books of accounts and records on Generally Acceptable Accounting Principles, to explain all its transactions and to give a true and fair view of its state of affairs. The Book of Accounts relating to a period of not less than ten years immediately preceding the current year shall be preserved in good order.