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Union of India - Section

Section 11 in The National Tiger Conservation Authority (Tiger Conservation Foundation) Guidelines, 2007

11. Financial Regulations .--

A.Funds of the Trust: - The following shall be the various sources of funds for running the affairs of the Foundation in conformity with the rules and regulations of the Trust, namely:-
(a)the income generated from levying tourist entry fees and other charges for the services generated out of the Tiger Reserve;
(b)contribution from other sources in terms of specific projects from national as well as international agencies as permitted by law;
(c)grant-in-aids, donation or assistance of any kind from any individuals or organisations including foreign Governments and other external agencies as permitted by law; and
(d)any other activity as permitted by law and in conformity with the rules of the trust.
B. Accounts and Audit:
(a)the Foundation shall maintain proper accounts and prepare annual accounts comprising of the receipts and payments, statement of liabilities, etc., in such form as may be determined;
(b)the accounts of the Foundation shall be audited annually by the qualified Chartered Accountant, empanelled by the Comptroller Auditor-General of India, approved by the Governing Body;
(c)the audited accounts shall be discussed and approved by the Governing Body in its annual meeting held for the purpose; and
(d)the accounts of the Foundation shall be subjected to the general provisions and directives of the Comptroller and Auditor-General of India.