Section 45 in Bihar State Universities (Patna, University of Bihar, Bhagalpur and Ranchi) Act, 1960
45. Audit of account of colleges.
(1)The accounts of every college shall be audited and examined annually by a qualified accountant appointed as auditor by the Syndicate.(2)The auditor may, by written notice, require the production before him of any documents or the attendance before him of any person responsible for the preparation of the accounts, to enable the auditor to obtain such information as be may consider necessary for the proper conduct of the audit.(3)After completing the audit, the auditor shall submit a report to the Syndicate :Provided that the auditor may submit an interim report at any time he thinks fit.(4)The cost of the audit of the accounts of a college shall be met from the University Fund.
