6-C

THE AGRICULTURAL PRODUCE CESS ACT, 1940 THE AGRICULTURAL PRODUCE CESS ACT, 1940 ACT No. XXVII OF 1940 [15th April, 1940] [An Act to provide for setting up and financing a Committee for promoting scientific, technological, social and economic research and education relating to food, agriculture, animal husbandry and fisheries.] ( Subs. by the Agricultural Produce Cess (Amdt.) Act, 1950 (12 of 1950), s. 2, for the original long title.) [WHEREAS it is expedient to provide for setting up and finan cing a Committee for promoting scientific, technological, social and economic research and education relating to food, agriculture, animal husbandry and fisheries;] (Subs. ibid., s. 3, for the original preamble.) It is hereby enacted as follows:‑ 6C. Annual Report----‑( Ss. 6A to 6D ins. ibid., s. 10.)(1) The Committee shall publish an annual report and shall keep accounts of all moneys received by it under this Act or otherwise and of the manner in which these moneys are spent and shall publish a summary of the accounts along with the annual report. (2) Such accounts shall be examined and audited annually in the prescribed manner and the auditors shall have power to dis allow any item which has been, in their opinion, spent otherwise than in pursuance of the purposes of this Act. (3) The Committee may appeal to the Central Government within the prescribed period against the disallowance of any item and the decision of the Central Government shall be final.