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Union of India - Section

Section 10 in The Life Insurance Corporation of India (Employees) Pension Rules, 1995

10. Books of accounts of the Fund.

(1)The accounts of the Fund shall contain the particulars of all financial transactions relating to the Fund in such form as may be specified by the Corporation.
(2)Within one hundred and eighty days from the closing of each financial year, the trust shall prepare a financial statement of the trust indicating therein the general account of assets and liabilities of the trust and forward a copy of the same to the Corporation.
(3)The accounts of the Fund shall be audited in accordance with the provisions of section 25 of the Act.